re: Lumber prices anyone building new Const

Question for you guys in the industry:


1. What's the best place to check prices? I see this site, but I don't know where the data is from, and also NASDAQ lumber prices. The prices at those two sites are different... which one seems to most closely match what you're paying by the truckload?

2. Should X% change in wholesale prices result in a similar % change at retail?

3. What sort of lag time should I expect from a price change to hit retail?



I'm planning to do a few large projects in the back yard, and I'd like to snipe my wood purchases when the prices are back down to earth.


Timing this right could save me more than $1k, so it's worth it for me to put in a couple hours' work writing some scripts to monitor prices on various websites. If anyone is interested, shoot me an email at my username at gmail and I will make the tool public.