Uh-Oh.  Zapped by a sapling sales representative.  

Prices will have to drop a lot, to return to what they once were. 

Yes, two weeks in a row.  Production has been ramped up to meet demands. 

Yes, they are falling, but are not expected to go down to pre-pandemic levels from what I understand.

That is good news - yet prices of everything else continue to increase. 

That is good news. Yet, I doubt if the savings will be passed on to the buyers of homes built with cheaper lumber.

I read somewhere that lumber prices were dropping. But it seems like prices on everything else are going up

Hello Ron and Alexandra Seigel thanks for the update, lower lumber prices will help everyone. Have a good day!

Supply & demand remains an interesting subject. Decades ago, when they had surplus meat, milk or fruits, they destroyed them making what was available expensive. It then triggered orders for products back into the normal par flow. If done right, there is short-term money to be made

Glad to hear that Ron and Alexandra Seigel, perhaps the new construction industry will get back to realistic pricing soon. I can dream!!!

I have a feeling builders are not going to reflect this dropin their prices for quite some time. I suppose we will see if this is true soon enough. 

absolutely NO ONE has hoarded lumber here.  There was a LOT of building and mills had limited employees with people not working much of last year and it was simply supply and demand.  With the vaccine our mills are back running at full capacity and prices are easing back a bit.  I buy my lumber direct from the mill.

I haven't heard it, but I hope that it is true.  I was talking with a contractor over the weekend and he was telling me the prices and they sounded insane.

Not much here. I just saw 4'x8'x1/2" plywood went up to 70.00+ a sheet. Lumber yards have had plenty of supply for at least 2-3 months. I've seen multiple train cars coming into Brunswick RR station for the last few months loaded with lumber, but no one seems to be in a rush to reduce prices here. some are still raising prices. I've been holding off buying plywood which was 67.00 a sheet 2 weeks ago, then in went to 70.00, and today it's 75.00 a sheet.

I saw that earlier this week... about 5% down... but still prices are high. Right now builders are telling me it's less the cost than just getting their hands on the lumber.

Great news!

I wonder what happened with all those toilet paper hoarders from last spring.

Good news but will that impact housing prices?

hasn't gone down here

Thanks for passing this on to us.  I have a client that is waiting to put a fence up because the wood it to expenses

Great news, now maybe I will be motivated to finish my shed roof.

Hopefully this helps new construction - as right now is pretty scary buying a new home.  Builders are raising prices AFTER the contract is approved.

Yes I heard the story. But they need to drop more.

That's what happened with toilet paper too. Stupid hoarders.

And someone just told me that lumber prices have skyrocketed!