Shepformation Monthly Newsletter
Information, resources, and news from Shepley for building professionals on Cape Cod and Nantucket.
Lumber Update – December 2020
It’s been a challenging year and the epic rally that spiked lumber pricing to record heights won’t be forgotten any time soon. As with most rallies, they tend to incite exuberant buying so they conclude with ample stock at the retail...
Lumber Update – November 2020
It’s been a long and grueling haul, but finally the lumber market is retreating. By mid-October, it became clear that the record run up (five months strong and with an unprecedented Random Length Framing Composite of $955) had crested and...
Lumber Update – October 2020
With what can only be considered an exhausting, frustrating, and completely off-the-hook rally, the lumber, plywood, and pressure treated markets finally appear to be relaxing. Cracks first appeared in early September, when the futures...
“The future depends on what we do in the present.”
Mahatma Gandhi
Market Update 2020
2020 has been full of uncertainty and a real challenge for businesses, to say the very least. But for those of us in the building industry, we have had some cause for celebration over the last several months. Being deemed an essential...
Lumber Updates – September 2020
The summer of 2020 will be one that won’t be forgotten too soon as unprecedented outages of material and record price increases turned the market on its head. Construction surged across all sectors and a perfect storm of...
Market Sense
Markets rise and fall on consumer and seller confidence. Just 4 months ago, consumer confidence was in the tank due to the fear and unknown of COVID-19. Producers and sellers prepared for the worst and assumed that demand...