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Started By
Message
re: Lumber prices down 11% YoY, back to pre-pandemic levels
Posted on 10/3/23 at 7:59 pm to imjustafatkid
Posted on 10/3/23 at 7:59 pm to imjustafatkid
quote:
You actually hit directly on the reason for the decrease in the price of lumber.
Now, all we need to do is quit eating, driving, and using utilities and we’ll be set in a few years!
F’n A
1
Posted on 10/3/23 at 8:02 pm to Gifman
quote:
This cherry picking shite to suck off the Biden Admin is stupid. Show me any super common items people buy everyday that’s not sky high.
It is a post about a single commodity which is nice to see if you are the type that builds things even in a DIY capacity. Can you link to a single time you went into one of the myriad of posts about lumber skyrocketing complaining that it was cherry-picking?
Posted on 10/3/23 at 8:05 pm to Obtuse1
that’d be fair, if we ignored the rest of the OP’s posts
Posted on 10/3/23 at 8:10 pm to Big_Sur
Most don't understand what's about to happen here. There is going to be a major crash very soon and nothing is going to stop it, this is an indicator of it.
The cost to get timber to the mill, make into lumber, ship it to lumber yards and selling it to consumers have not gone down, but the demand is falling off a cliff. Something has to give.
The cost to get timber to the mill, make into lumber, ship it to lumber yards and selling it to consumers have not gone down, but the demand is falling off a cliff. Something has to give.
Posted on 10/3/23 at 8:11 pm to Big_Sur
Concrete, windows, shower doors, locks, hardware, fixtures…all still up.
Posted on 10/3/23 at 8:14 pm to Jake88
Construction grade lumber down?
3/4" maple plywood is still
$90/sheet, that's for the shitty HD/Lowes quality.
I want/need to make a run to a decent lumberyard to pickup some nice boards to turn into sawdust for a couple projects, that's going leave a mark.
3/4" maple plywood is still
$90/sheet, that's for the shitty HD/Lowes quality.
I want/need to make a run to a decent lumberyard to pickup some nice boards to turn into sawdust for a couple projects, that's going leave a mark.
Posted on 10/3/23 at 8:14 pm to Big_Sur
Also…it’s down now because of huge drop in demand driven by single family decline in Sept.
Lumber buying is about as bad as it has been. Hard to sell trees right now means mills aren’t buying.
They will slow production and certain products will begin to slowly increase. Actually I see it going down some more then back up in a few months.
Lumber buying is about as bad as it has been. Hard to sell trees right now means mills aren’t buying.
They will slow production and certain products will begin to slowly increase. Actually I see it going down some more then back up in a few months.
Posted on 10/3/23 at 8:18 pm to Big_Sur
And builders are still pricing it out at pandemic prices
Posted on 10/3/23 at 8:28 pm to Big_Sur
I can tell you what isn’t down…. Cedar 6x6x20’ posts
@ $225 a pop
But Mama frickn HAS to have them for her dream swings around my firepit.
FMTT. 8(
@ $225 a pop
But Mama frickn HAS to have them for her dream swings around my firepit.
FMTT. 8(
Posted on 10/3/23 at 8:29 pm to TulaneLSU
quote:
Is that good or bad?
It is hypocritical is what it is. And I still paid damn near $3.50/gal the other day.
Posted on 10/3/23 at 8:30 pm to AUTimbo
quote:
I can tell you what isn’t down…. Cedar 6x6x20’ posts
You might as well be dealing in gold with any cedar.
shite has been high as bell for as long as I can remember.
Posted on 10/3/23 at 8:34 pm to Big_Sur
The decrease in price will never make it to Home Depot/Lowes. They’ll just make better margins. Lumber and Copper are both good leading indicators of recessions. We’ll see though
Posted on 10/3/23 at 9:01 pm to Gifman
quote:
This cherry picking shite to suck off the Biden Admin is stupid. Show me any super common items people buy everyday that’s not sky high.
Would you prefer to see lumber prices continue to rise?
Posted on 10/3/23 at 9:01 pm to Smeg
quote:
Probably low demand to build with interest rates as high as they are. People aren't buying homes.
This.
Not at fricking all a reason to celebrate.
Posted on 10/3/23 at 9:15 pm to Jake88
quote:
How much is a 3/4 inch sheet of plywood?
I paid about 35 a sheet the other day for 3/4 CDX. About where it was a few years ago. 2Xs are about where they were.
I hope this is a sign that building will drop in prices a chunk and I will start pushing forward on it.
Posted on 10/3/23 at 9:26 pm to Big_Sur
8% mortgages will do that.
Posted on 10/3/23 at 9:32 pm to LoneStar23
quote:I paid over $4.10 per gallon for gas today...
Now do everything else
Posted on 10/3/23 at 10:22 pm to hojo
quote:
Given that interest rates have almost tripled from pre-pandemic levels and housing prices have not started coming down, why should I give a shite about the price of lumber?
This. If you tried to build a house today you’d still be paying inflated prices to a contractor.
Posted on 10/3/23 at 10:37 pm to Big_Sur
Not lower at Home Depot.
2x4x8 = $3.68
In 2019 I was paying $2.12.
2x4x8 = $3.68
In 2019 I was paying $2.12.
Posted on 10/3/23 at 10:47 pm to HubbaBubba
Great news OP! Perhaps now you can afford building temp housing structures for the homeles and illegals in your neighborhood. Awesome to hear.
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