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re: Building a house. Build now or wait to see if prices fall?
Posted on 2/14/19 at 3:05 pm to kengel2
Posted on 2/14/19 at 3:05 pm to kengel2
quote:
It was absolutely true. We had suppliers add 15-20% starting Jan 1st to cover the tariff costs.
Of course that all went away when they delayed the tariffs, but for the first few weeks of january prices were ridiculous.
Commodity price for lumber closed today roughly 30% higher than the first week of January.
1
Posted on 2/14/19 at 10:01 pm to DFWgolfer318
quote:
Commodity price for lumber closed today roughly 30% higher than the first week of January
This wouldn't have anything to do with the 4-5 million acres of timberland destroyed in Hurricane Michael, followed by a huge demand for product for rebuilding, would it?
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