Framing Lumber Prices, from Alan Millhone
I just left my local lumber yard and found the following:
With oil soaring again, and my local pump prices on the rise and $3.50 regular predicted by Memorial Day, the following was quoted to me:
Framing Lumber:
2×6x10" UP 12%
2×4x10" UP 5%
2×10x12" UP 5%
2×8x10" UP
Plywood:
4'x8' sheets of plywood: 1/2" CDX (construction sheathing grade) MINUS 7%
5/8" CDX (construction sheathing grade) MINUS 4%
Shingles:
30 year dimensional grade ( 3 bundles equals 100 Sq. Ft. of coverage)
UP 7% and more increases expected…
With oil over 80 and likely to climb this will be terrible for the upcoming construction season. I have a large garage to build and pre-bought all materials before last Winter set into my area. Glad I did this. It's hard to figure prices for upcoming jobs due to upswings in materials. I can feel those dogs nipping at my heels!