Who has bought lumber in the past week or so?

[HuntForHorns]

Are prices at the big box stores lowering prices much yet? I haven't priced any in months and was wondering how far it had fallen off of last years highs.

[Gclyde28]

I wouldn’t wait any longer. I would say the gamble to save percentage points more would not be worth the risk of a pricing spike again.

[wes122984]

i bought some 2x3x8 for i think 2.73, and bought some smart panel for $39

[texasdeerhunter]

3/8” treated plywood is still around $40-42/ea. sucks

[HuntForHorns]

I wouldn’t wait any longer. I would say the gamble to save percentage points more would not be worth the risk of a pricing spike again.

Why would prices go back up? Recession coming, interest rates soaring and housing starts down.

I guess if there was a labor shortage or a transportation issue it could go back up but I would think lumber should be in a free fall for the next couple years. That is what I am counting on anyway.

I have been wrong many times before, but that is what I think.

[Txhunter3000]

That's what I think. You gotta have demand to get the prices they are now. I have noticed the Home Depot is raising prices on a lot of items over what Lowe's sells for and higher than specialty businesses.

[Smart]

I paid $11.38 per treated 2x4x8 this last March at HD.... that same board is $4.59.... Should have waited.

[cbd10pt]

Lumber down plywood still high

[JLivi1224]

Likely near the bottom now

[Shane]

We are building a house. Poured the slab and framed it the last week of September. I paid the lumber bill last week, and it was $30K below budget.

[slayr]

We are building a house. Poured the slab and framed it the last week of September. I paid the lumber bill last week, and it was $30K below budget.

Crazy to think in 2016 I built a 3200 sq ft house, roughly 5k under roof and my whole lumber bill was barely over $30k.

[Shane]

Crazy to think in 2016 I built a 3200 sq ft house, roughly 5k under roof and my whole lumber bill was barely over $30k.

Yep, times have changed for sure. Ours is 3,700' (plus big garage), and the lumber was $68K. That included Hardi siding all over, above a stone wainscot. So more than just framing. I don't know how much of the total the siding was.

[Gclyde28]

Why would prices go back up? Recession coming, interest rates soaring and housing starts down.

I guess if there was a labor shortage or a transportation issue it could go back up but I would think lumber should be in a free fall for the next couple years. That is what I am counting on anyway.

I have been wrong many times before, but that is what I think.

I’m not saying I think it’ll go back up soon. Just that I don’t think it’s going to go down an incredible amount more from where it’s at so I don’t see the point in waiting any longer.

Pending what the lumber is being used for, other material costs could keep climbing during the wait as well.

Ex. Building a house. Lumber may be down but concrete ain’t, neither is drywall, same with appliances. I don’t see any of them going down anytime soon either.

[Hoggslayer]

3/8” treated plywood is still around $40-42/ea. sucks

I paid $65 a sheet last year for it.

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[Mudslinger]

Treated or dimensional has come down, redwood and cedar, not so much

Bought 12 10’ 4x4 posts and 20 16’ 2x4 rough cedar. $1900! Redoing my deck and these are for the railing around the deck. Treated for the flooring and it is cheaper now than 8-12 months ago.

Anyone want to come help are welcomed. I can furnish food and beer.