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Why are lumber prices so high in the US right now? ?
150% increase from last year at this time.
5 Answers
- babyboomer1001Lv 71 month agoFavourite answer
Practically everything has been hiked in price. I guess merchants are just taking advantage of people. Their excuse - closed businesses for a while. Yet, we were still buying online what was needed.
- tek1intLv 41 month ago
Demand. COVID is driving prices up because the demand for single family homes has increased. Also, Spring is the home buying, home building season.
- Anonymous1 month ago
More people are doing DIY at home so they’re buying more lumber. When there’s a high demand for something, the price goes up.