The market surged ahead to new stratospheric heights in May, leaving mouths agape upon the release of every new price report. A continued strong demand and an inadequate availability of lumber in the marketplace ratcheted prices higher every week.
The record rally continues, with pricing climbing to new heights. Despite the soaring prices, demand continues to outpace supply and shortages in just about every building material category have created an abundance of delays for contractors.
Unabated demand and inadequate supplies continued to plague the industry in March, further pushing prices in to new historical heights. However, as the month wore on and effects of winter snowstorms dissipated, so did the sense of urgency of dealers.
“If I lived my life over again, I'd make the same mistakes . . . only sooner.”Early 20th century screen and stage actress Tallullah Bankhead
Recent snowstorms have taken some momentum out of the market, but not enough to make a difference as demand continues to outpace supply. Business is surging on and, as long as it’s humanly possible and no one is anticipating any breaks in the action.
As with what seems to be the case with just about every business related to building materials, manufacturers are stuck in a loop of trying to catch-up and keep up with an unusually high demand while Covid19-related interruptions prohibit...
Much to the dismay of everyone but the mills, the lumber market rallied back in December as a surge in business and a dearth of available material and trucks sent buyers back to the well, scrambling to cover both immediate and near-term...