When Will The Cost Of Wood Go Down?

We all know the cost of wood is through the roof, but when is it going back down again? Today I'm sharing some fresh insider baseball on the price of lumber, when we can expect to see a change, and what factors you need to consider if you're doing a wood-based project this year. CLICK SHOW MORE!!!
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[@HomeRenoVisionDIY]

If you need an option to wood watch this video and learn how to build with steel studs for half the cost. Cheers! kzbin.info/www/bejne/gqarpZuHltN5jMk

[@lenaely6146]

👍🌞💆

[@gak2008]

the answer is YES. I have one or two projects i'm holding on. An 8 ft x 8"x8" piece of cedarwood cost almost $100 last spring. It's still ongoing here in the US

[@PAHighlander24]

Doesn't help me with an outdoor deck.

[@Redandranger]

Steel is pretty damn high here too. Scrap prices are pretty high. Trade wars f**k the end users, nobody else.

[@shanesauer5751]

La

[@nerfzombie6242]

I cleaned out my garage last weekend, found 2/3 of a sheet of 3/4" plywood, four 8' 2x4s, and a 10' 1x6. Willing to trade for a '69 GTO Judge. :-)

[@Redandranger]

You should be on Antiques Road Show if you've still got the receipts.

[@LA-qx2mm]

Can I get the 2x4's for a 78 Honda Civic???

[@robertgenson1846]

Lmao 🤣 good luck

[@stephenfranco964]

Damn you need to hold on to that stuff. I feel like you're gonna sell yourself short.

[@EVnewbie]

As long as you don't demand a full tank of gas--you might get one! The price goes down when demand shrinks enough that they either have to sell some to stay in business or China/Europe starts to ship it to you. Nothing personal, just business.

[@ashleyregnier2237]

I'm in Texas and it's crazy expensive here, but the shelves are full. Hopefully that means people are smart enough to let it sit there to send the message that we're fed up!

[@SykesFW]

I work in logging, in the southern US, I promise you, there no lumber shortage, it’s just price gouging, plain and simple

[@Truthandlight77]

The big 5 are the ones getting rich. Wonder who owns them?

[@corywilliams1698]

I've heard it's the mills that are sitting on lumber. They're the ones that are purposely slowing down production to Jack the prices up.

[@camauedd8042]

@@corywilliams1698 I live in Northern California, I have seen trains with 80+ cars and they are all most all forest products heading south...mills are having a fit getting trucks to move finished lumber....

[@SKRUBL0RD]

This is your boss, don't show up to work on Monday.

[@jaybennett7316]

@@SKRUBL0RD Gladly. Time for a change. (;-}

[@jcarley99]

I recently bought a house and had to replace the deck, I used composite. The price was almost identical as if I had used lumber and I now have much less maintenance to do in the future.

[@ontherecord4253]

I just contracted a rebuild of my front porch using trex. Worked with my local contractor right before Covid last year he couldn’t get material. This year he can and material cost is the same as last year! Use composite and alternative materials. Once the lumber suppliers stop losing market share, they’ll change their tune.

[@prestigevending15]

Same thing!!! Couple years ago I looked at composite and said not worth the extra cost now not only did the lumber lose my sale but I won’t ever have to replace the composites they lost my sale every 10 years.

[@tilton1683]

Same with engineered wood and trusses! Used to be the material wasn't worth the cost, now the costs are pretty close but much, much easier frame on site.

[@bassettmike1]

My parents were having a back porch redone and I suggested they do the same. Prices were very similar, and it saves my 70 year old father from having to stain and keep up with maintenance.

[@514Reptiles]

Were in quebec. Lumber yards are full here. The price increase is a mafia type situation. Not a supply issue

[@justinferguson9779]

Yes they are stealing peoples stimulus money.

[@michaeltablet8577]

Same here in Texas! I have friends in the mills in East Texas and they have been working overtime. Most of it is automated so they didn't stop for the damndenic.

[@slugbug55]

I live near Montmagy, Quebec and noticed the same thing. Luckily there are plenty of small lumber mills here selling rough cut lumber for much cheaper.

[@AD-uw6bd]

I have friends who bought and delivered directly from the lumber mill, and the price was much, much lower than any big name hardware store.

[@svongsa]

It’s pure extortion. Stop buying lumber if your life doesn’t depend on it.

[@asappestcontrol1250]

I have seen videos from truck drivers who deliver lumber stating that there is lumber, they're just suppressing the supply to increase the price.

[@jimmybaronio479]

I work at Home depot in the midwest and right now we have the most lumber I have ever seen and continue to get truck loads even though we can't sell it all at the insane prices.

[@adude7050]

Let me help everyone here the price will go down when you let the stuff sit there let them hold on to it long enough they will lower the price based on demand. We keep paying the price they will charge it. Basic Economics

[@craftman5632]

Yeah that's true, but these contractors that build these homes won't do that, they need to make a living and they will pay the extra price for the lumber because they know they can raise the price of the house and make their money back. But it sucks for the rest of us.

[@siiNke]

Start using other materials…

[@normanbyrne3395]

I’m a carpenter and I’m glad that people are still buying it. if people stop buying it I have now job

[@neoasura]

Yes, its just simply supply and demand. Things have a way of balancing out.

[@southerncomfort971]

I have a guy coming to redo my roof back to the trusses and last year he was too busy this year he is struggling to get wood and since the roof can wait seems i might have to wait too. Just read a great line" with the price of materials. i am thinking of selling my home for parts"

[@ericthedesigner]

I'm going back to building with clay, mud and dirt. The ULTIMATE green building.

[@IHaveaPinkBeard]

And hay, too.

[@bwiseok]

Love that remedy. I might do the same thing

[@arunlobo9012]

Honestly love how your channel has grown over the years. From DIY vids to market clairvoyant. I truly Appreciate the sponsor free advice. Greetings from Toronto.

[@packratswhatif.3990]

It seems the dealers found the perfect storm for reasons to raise the prices. I am so happy that I had my yard fences replaced a year ago, but I guess any other wood projects I had in mind are now thrown on the back burner.

[@TangoCharlieAlpha]

I live in Idaho, and work for a local Lumberyard. We have seen prices go through the roof. A LOT of it has to do with the Texas freeze last year. Glue companies had burst pipes, and had to shut down, and that spilled over to a huge number of products that use that glue. That's why it's not only lumber that is so expensive. I fear that we will never see those low-low prices that we all became accustomed to.

[@Peppermon22]

Right. It’s sad finally being able to build a home and then the price of wood going wild. -twin Falls

[@eorgeburns8]

@@Peppermon22 im in the middle of renovating and i cant afford to finish. Easter oregon

[@eorgeburns8]

@RAH Capital yeah except if they secede they still have to sell the product

[@melissalee1709]

We are in N. Idaho and hubby also works for a family-owned lumber company. They can't even keep things in stock due to the enormous demand for new houses and apartments in our area. Thankfully he gets our stuff at a great discount but it's still expensive.

[@Peppermon22]

If people continue to buy at a high price they will always sell at that price. People need to boycott. Simple as that.

[@houstonwelch4253]

The problem with the modern economy is that it’s impossible to boycott. There are so many people that the demand will always be there. Sure, they won’t profit as much as they would when a bunch of people make their minds up, but they will still profit. Now, we might hit a point in the economy where people at large can’t spend. Then they will decrease.

[@akivaweil5066]

@@houstonwelch4253 Dude, you sound like you just spent 5 hours reading an economics book. You are way off the mark on this one.

[@adamgrey268]

People would have stopped buying, but the government is sending everyone checks--many people are receiving more money than ever. Meanwhile people aren't working and things aren't getting produced. It is a government created disaster. If you aren't working and you don't have savings, then you should be tightening your belt instead of going on a spending spree, but that isn't the reality thanks to governments across the world printing money like there is no tomorrow. Tomorrow is coming and there is hell to pay.

[@aboogie797]

@@adamgrey268 They're trying to create socialism..sneaky bastards.

[@akivaweil5066]

@@adamgrey268 Have some faith in the wide adoption of cryptocurrencies.

[@theyommer]

Jeff, I don't know the first thing about anything you're showing but I am thoroughly impressed with your communication skills. I look forward to watching more of your videos.

[@lavapix]

Here in Hawaii, everything is expensive and now lumber is outrageous. It's already starting to stifle construction.

[@MrJeffcoley1]

... which means demand is falling due to short supply.

[@badbatch974]

As an OG (Oahu grown) myself I feel ya. $25 osb would be a deal. They sell for $60 at Hardwear Hawaii. $71 for 1/2” T111 and $10 for an 8’ 2x4. Almost all my smaller renos and additions are on hold until the market drops. The only thing we got going is the rising housing costs are still enough to convince people to build for profit for now. I’m afraid once the interest rates start climbing, no one will be willing to gamble with higher prices and lower profits. Then we’ll all have to get into making KZbin videos for a living. Lol.

[@BurtBowers]

Lavapix, its not just hawaii is everywhere all over the world the only thing that people can do is if the project is not that important then dont spend the money & make the fat cats richer theres more to all this then what we are hearing ever since the scam covid came about merchandice & food stores, car dealerships, everything has sky rocketed upwards many are profitting off all this I only buy what I need not what I want & if everyone would think like this then the soaring prices wouldnt be where they are today.

[@lavapix]

@@BurtBowers Yeah, I know. Same here with spending. Now we have too many tourists and the island is being overrun as mandates are still in place and there's a shortage of everything. Our Hawaii Gov will be the last state to end the stewpud mandates.

[@coonpoon1]

Jeff, Thank you for your hard work and vital information. Keep on pluggin' Brother.

[@HomeRenoVisionDIY]

Cheers Arnold , I am going to finish this farmhouse this summer if it almost kills me.

[@georgebliss5134]

I just bought my retirement home that needs a lot of work, I may need to delay most projects for years, which was not part of my plan. I plan to join your buyers club, I'll need siding, doors, windows etc. Thank you for all the great information!

[@HomeRenoVisionDIY]

Cheers George

[@markc8160]

I was in Lowes yesterday and a 2X4 in 8 foot length, kiln dried was $8.01. It was $1.97 18 months ago, that is a 300% plus increase.

[@mph5896]

I paid $8 each for 10 today. 5/4 x6 8ft treated decking $11

[@aftrimg]

Ive just landed an acre that i want to build on. Lumber is absolutely insane, 9$ for a 2x4x8

[@havox112]

Its $11.79 here

[@stevelopez372]

@@havox112 Wow, where’s this. In SoCal studs are running 8 bucks and the big box stores are packed with small contractors and diy guys buying lumber even at those prices. The large tract builders are buying their own lumber through brokers, since they buy train car loads and the framing contractors only providing labor . Craziness !

[@juniorgonzalez214]

$8.97 in Texas

[@markwest3485]

Georgia Pacific, Weyerhaeuser, West Frazier are the guys ginning up the prices and making the profits.

[@garyring8306]

check their profits charts online they are making bank like an oil company's profit margin.

[@MrJeffcoley1]

Now you're onto something there. The small number of large firms that control most of the market is definitely a factor. However - cartels (if this even is one) never hold together for long. They see the chance to make money and they're going to want to sell as much as possible. The problem is, they're running up against capacity right now due to the huge demand spike. Basically, what happened to toilet paper in 2020 is happening to lumber now. Everyone wants it after COVID shutdown.

[@brianthompson1045]

They can stick it! I can wait them out. I’ll buy when the prices drop.

[@nunyabidness3075]

That’s what’s supposed to happen. The only people buying right now should be people who really, really need it.

[@brnzhut]

It will never happen. Just see how much money is generating from nowhere and injecting to the whole world. Everything, every price would be doubled in next 5 years.

[@Grunt49]

Bought a small bandmill.

[@iDR0PFATKiDz]

Lol

[@Jasonoid]

@@brnzhut doubled isn't enough, more like tripled or quadrupled, hyper inflation baby! Free money to all has destroyed the dollar!

[@mrmudcatslim1004]

When people finally say screw it. I AIN'T buying it.

[@Heywoodj1969]

I’m already there...

[@HappySmiles2Day]

Been there since last year. I wish more ppl said no.

[@nmatthew7469]

@@HappySmiles2Day the contractors are still buying, avg homeowner is not. Let the whole thing crash, don't want to hear any whining when it does.

[@chuckfinley5206]

Had to put my 350 sq ft luxury cabin on hold. Right now the framing alone costs more than what I had figured for a completed project.

[@velvetbear7184]

Smartest phrase on here!!!

[@haetienne]

Thank you for this information, I’m in real estate in California and this info is extremely valuable right now and nobody is talking about it

[@btmike01]

Your videos are the most amazing and helpful information sources I have found on the internet. Thanks so much for being you and doing what you do! I'm based in North Texas area.

[@RacerRazz]

just found this channel, and im not gonna lie, this is one of the best channels for information, tips and tricks. Thank you Jeff! best regards from Denmark :D

[@HomeRenoVisionDIY]

Awesome, thank you!

[@kevinparmelee5609]

In CT we don’t have any shortage issues. The prices for any construction related material is through the roof though, not just limited to wood products. The bigger companies still buy it but a lot of smaller companies have shut down.

[@jad1795]

Yeah same in RI - Southern Ma ... last June OSB sheathing was anywhere from $18-$25 a sheet and cheapest you can get now is $42

[@QuinebaugOutdoors]

@@jad1795 here in CT I just put a new roof on my house. 1/2" CDX $73 a sheet

[@jad1795]

@@QuinebaugOutdoors I just got queasy reading that

[@frankortiz5008]

I love your channel man. I just seen another video, who was critiquing your techniques. Some people are just jealous. You explain things, that someone can understand. Good stuff. Keep up the good work. Thank you for all your information.

[@littlepoolefam3]

I live in N. California, and the same 2x4" I purchased last may for $3.15 each are now $7.98 each. So glad I got them when I did.

[@squirehaggard4749]

I'll wager a stack of plywood that GaPacific, Weyrhauser, Home Depot, Lowes etc will be posting record profits in their next earnings reports. I know there are supply chain disruptions and that this drives up prices, but there's "margin gouging" going on. We'll never see the old prices again. The retail prices will be double the old price, BUT half the current price and we'll be "so grateful" for the "50% drop in prices."

[@galyien]

Im just 1 guy, i cant hold out forever ffs. I the meantime if i keep waiting for prices to go down, they may go up and then im paying even more. Its like the stock market without the crash. I should of bought semi trucks of osb 6 mobths ago and warehoused it...osb is 60$ in california. If your getting it for 20, ill come with a semi truck and gladly buy much as i can

[@adamcarter7826]

Standard 2"x4"8' framing grade non treated is going for $11.50 USD in Indiana, completely crazy.... 7/16 x 4 x 8 OSB $51.99

[@gs300rich4]

Prices will go down when the housing bubble bursts. Think 2006 but potentially worse. The price increase in houses last month was the highest increase since 2005, right before the bubble burst. When new home builds decrease dramatically then the price of lumber will decrease also. Only thing is when that will happen

[@TheSpartanBuilder]

exactly what ive been saying all along, squire. People dreaming of $6/sheet osb and waiting it out are screwed lol

[@CaedenV]

@@gs300rich4 Except the builders arent doing that much building right now. The demand is from people stuck at home doing renovation projects rather than professional builders snapping everything up. When the housing market crashes, it isnt going to do a whole lot to the building market. If anything, wood prices will go down, builders will start building again in mass, and then home pricing will come back down to earth. Pretty sure housing prices aren't just going to crash though. It may come down a little bit, but I would expect more of an adjustment where if you hid the last year of prices it would look like a continual climb... and then you show the 2020/2021 prices and it will look like a crazy mountain in the middle of an otherwise steady climb lol.

[@sharylkriete7953]

I am in Denver, Colorado and currently building a house. Our builder said there are tons of supply chain shortages and the prices have shown it. Now I’m hearing that there is even a shortage of the materials used to make certain paints. It’s crazy!!

[@jjoneski2203]

Nope. Home depot is full of wood constantly . Lowes has almost no unstacked area in the lumber dept.* dollar two by fours and 73 buck pressed wood sheets of plywood? Fuck off

[@joeconway7793]

Looking forward to seeing all the construction from these years using minimal spec lumber (or worse) in 10-30 years. Should be lots of opportunity for reno!

[@mikethompson4810]

good tip on the stud and my old boss taught me to sister a 2x1 onto it with glue to help it stay strong keep the vids coming bud top job!

[@dbrianc]

Answer: as long as people are buying...it ain't going down.

[@4mulaBaby]

People arent buying anymore. All the lumberyards in the midwest are a ghost town and stocked to the gills

[@strangedotcom]

@@4mulaBaby That is great! I don't buy. People all need to stop buying until it gets back to normal.

[@lilo2469]

New homes popping up like crazy in Tillsonburg ont

[@lilo2469]

@@muahaha5929 how much a board Ft?

[@andreaskorfmann]

*sigh* reminds me of Graphics cards

[@MicahMcLellan]

I'm located in Minnesota, in the twin cities. Lumber seems to be accessible, but prices are high for sure.

[@HomeRenoVisionDIY]

sooner or later they will come down just not all the way!

[@dancearoundtheworld5360]

Maple 4x8 ($76)is cheaper than regular sheathing 4x8($85)

[@faolandunphy5392]

@@dancearoundtheworld5360 Interesting. I was just thinking about hardwoods and what the comparison was. Might make a shift to woodworking as an income stream

[@backyardgardeningwithchefb2304]

@@dancearoundtheworld5360 Saw that at Menards. Cabinet grade plywood same as CDX

[@mrbmp09]

Home Depot updates their lumber prices every Tuesday morning. At least here in AL. OSB was around $5, now its $ 46.65 thats 9 TIMES as much! And 700+ in stock, shortage? Bullshit.

[@InsideOfMyOwnMind]

T1-11 siding went from $38 to $106 here.

[@RealLifeFinance]

Sheet Wood is unbelievable....up 4x to 6x here in the Northeast

[@father1st894]

Same here in NC although I haven't seen OSB at 5$ in many many years

[@knuttsackjones3094]

In Kenosha 2yrs ago an 8’ 2x4 was $1.80ish for premium, now it’s $10.20. A guy can easily switch to metal studs but I noticed drywall is climbing in price too now

[@rogermccaslin5963]

I learned that trick of cutting the stud a long time ago but I was taught to sister a short piece of 2x4 across the cut to restore the strength. 18-24" and shoot a couple of nails or screws on each side of the cut to hold it. Do you ever do that or do you just think it's a waste of time/overkill.

[@embracethesuck1041]

Prices in the midwest are still high but availability seems fine. Full stacks at the local Menards. Called a lumberyard near me I do business with and their sense is that this won't normalize for at least a year.

[@soloriojpg8661]

I just purchased my first home this year and I had all these ideas for years on what to do like a floating deck, new fencing, etc. Now due to the pricing I can’t even get started.

[@kijijiallin]

Wait till your home is worth half of what you "bought" it for but your mortgage payments are the same and your dollar value is slashed.

[@soloriojpg8661]

@@kijijiallin trust me, I’m in the real estate business, home prices aren’t going down anytime soon. They definitely will level out and stop being sold over valued in the next year or so but they will not drop like we saw on the last housing cash.

[@hermilo9613]

@@soloriojpg8661 and why would they when material prices are going to reach a new normal. It won’t be as cheap to make a new house either, so there’s no way older homes are going to drop prices soon. If anything I see them going up where I live.

[@bolskify]

@@soloriojpg8661 ​ I think he's assuming you're Canadian. We didn't get a crash.

[@Kathleen253]

@@kijijiallin I have been through that before in the bubble collapse of 2008

[@emanuel2cool1]

Wow great video, loved the tip at the end and thanks for the knowledge about what’s happening with lumber prices. Very interesting. Texas has some astronomical prices for all plywood right now. Some going for 55-65$ for a 4x8. Even the 2x4 went up a lot. Hope it chills out sooner than later! Lots of work on the horizon.

[@northeastoutrider2124]

I live in the Portland Maine area and often shop at the big box stores. The supply of lumber that these stores I’ve had on hand seems to be growing more and more each day. Just stopping in today I noticed how every shelf was completely packed to the ceiling in the stacks outside which are normally kept out back we’re so full that they were coming around the side of the building. There’s clearly no shortage of lumber in the southern Maine area, but the prices are still insane.

[@angelafraser1603]

Hi from Sask. Prices are always sticky when the go up... doesn’t come down so easily.

[@TuanBui-yp7oz]

that was so awesome that last minute of video. lol!!! i'm not a framer or do woodworking for a living (just an obsessed woodworking DIY'er) but that was seriously cool!! of all the 1000's of videos i hv seen, i hv honestly never seen that trick before!! i found that extremely badass!! haha!

[@HomeRenoVisionDIY]

Glad you enjoyed it! Cheers!

[@kennethbouch7796]

I’m not sure I like the idea of weakening a stud to straighten it. I’m not a carpenter so I’ll be the first to admit I may be wrong but it just seems that stud wouldn’t be as strong as the rest and if you get the lumber at a big box store and you have to do that to every stud in every wall because none are straight how strong is the structure going to be. If I’m wrong please explain why so I can understand why I’m wrong

[@marlboromatt5656]

In the Midwest Lumber yards and Lumber mills have tons of lumber. No shortage just super high prices.

[@jenniexfuller]

I’m using already felled trees for all of our lumber needs. We purchased a portable chain saw mill just in case we need to use boards but we are using tree trunks as fence posts for now because we have tons of felled cedar trees (we didn’t do it, previous homeowner did before a controlled burn some were not even touched by the burn). We would never have been able to have done this before but now we have some acreage and have the ability to do it.

[@spacecadet_woodworks]

I’m in Austin, TX and prices are about double what they were a year ago for stuff like 2 x 4’s and maybe 50% more for sheet goods. Supply doesn’t seem to be an issue. The shelves are full, probably because the prices are so high like you mentioned.

[@MrSteeDoo]

Duh.

[@Redandranger]

Shelves w/ building materials on them here are picked over most of the time and our stores are 20 miles from the forest and the mills.

[@BigInjun05]

One of my cousins has been taking pictures of the lumber yards in Canada absolutely packed full of lumber that just sits for long periods of time. To the point that the wood is turning gray from the sun light. Covid sucks.

[@HomeRenoVisionDIY]

when wood is marked for pressure treating but the plant is closed due to covid. Cheers!

[@craftman5632]

@@HomeRenoVisionDIY it's all part of this planedemic, lots of other companies and businesses was operating during the planedemic. It's not like these lumber Mills was working on a assembly line with people side by side. The New normal is "obey" what the government tells you to do.

[@joemonroe9456]

@@craftman5632 They changed the cycle threshhold on the test, so that now there are fewer cases whereas before up to 90% were false positive.

[@rockuallnighttillwefalldea6908]

no goverment sucks there the ones that most places listen to. Here in usa alot of unemployment keeping people to stay home than go to work.

[@user-je6ye9rh1o]

PGE are cutting thousands of trees in Ca. We are milling our downed trees, built large shed so far...next is a porch extension.

[@dennis9033]

Thanks so much buddy! Here in Long Island New York, multiple contractors are telling us the price of wood is 4x the amount it was this time last year. We are still moving ahead with our work because we have the money and it’s now at the point where there are too many issues to not do it.

[@DSesignD]

Curious to hear how it goes, keep us posted.

[@toxin911]

im in Florida and have a semi large project in mind, but i REFUSE to pay these prices PERIOD

[@UriValdez]

Me too

[@trevorjarvis3050]

Same!

[@puskare]

@Tom S Enjoy making your money now off of foolish customers. Hope you are stockpiling your consistent earnings now for the next downturn later when the jobs are not coming in and with it neither does the money. Meanwhile the rest of us will hold off our projects and save now and save more later.

[@Casmige]

Find an importer of limber-timber from Brasil....

[@Miscelanou]

I'm a contractor and holy shit do other people have some money to spend. Sorry my guy

[@michaeldelvoye6371]

Maple and birch plywood 3/4” went up $20.00 a sheet in the last month at Menards in Green Bay, Wis.

[@HomeRenoVisionDIY]

That may not be the end of it. Cheers!

[@FFZ93]

Just had my roof done this week. Unknown problems of replacing roof decking added up extremely fast, 27 sheets at 59$ a piece. SE WI

[@Off-Grid]

It was $70/sheet at Home Depot yesterday.

[@HomeRenoVisionDIY]

ouch.

[@AdamMann3D]

@@FFZ93 similar to what I've seen in West Bend.

[@jeffreyprotzman2146]

New home builds / construction builds..it's amazing what they toss in the scrap bins.. Yes I do look for old homes that are going to be taken down too.. good lumber in those also. Our remodel has slowed but we're always looking for alternative solutions .. Thanks for the vids Buddy.. 🖒🖒

[@Casper_Espresso]

Thanks for the heads-up. The new bathroom addition is on hold for at least one year. Plumbing prices are stable, but electrical has also seen an increase with copper prices rising a bit.

[@GamerByt3]

I am about 2 inches from just going all in on a saw mill and manufacturing my own dimensional lumber for my projects...

[@thefreedomwarrior]

That’s what we did. And my neighbor bought a computer controlled woodmizer saw mill.

[@GamerByt3]

@Mr Innovator Wayne Yes, I was aware of all of that already. I'm not looking to get into milling for customers. I'm doing an owner build and have access to trees around my property. The consideration is if it's more cost effective to just mill my own for my own build. It's looking more and more appealing.

[@mrcwoodworks4523]

If I wasn’t living in Arizona I be doing that !!

[@jeffh4505]

You're behind the game. There's already been a run on mills and they're hard to find.

[@mikeznel6048]

Sad part is your local government will go after you because you're not using taxed stamped lumber.

[@bill90405]

Lowe’s Palm Springs CA, 1/2” exterior sheathing 67.00!

[@DanielKing2014]

Awesome,I follow you and watch your video tutorials,I love all your advices and all your teachings,keep it up the greatness..!

[@joshuaphillips4958]

I'm seeing lumber everywhere except the lumber yards. I'm seeing it stacked and stacked near train tracks and in parking lots nowhere near where it's supposed to go. I'm in long beach but I've seen it in alot of the neighboring cities as well

[@kevinwood5330]

2x4x8 standard pine is $8 in Philadelphia, a few years ago it was around $3. Thanks Jeff!

[@eizzle78]

$12 in Indiana.

[@HomeRenoVisionDIY]

I am building a fireplace surround right now with 2x3's and mdf shiplap. very affordable.

[@eizzle78]

@@HomeRenoVisionDIY I deliver commercial dumpsters at work, I found 3 8’ long 2x12s somebody just threw away a few weeks ago, nothing wrong with them other than a little osb glued to them, 5 minutes with a belt sanded and I had perfect joists to sister to my bathroom floor joists. Yes, it’s come to that lmao!

[@akhosha2]

Almost $12 I'm Chicago

[@davenportst]

$12.89 in South Dakota

[@ecp711]

In Seattle. Supply is hit or miss but usually you can find what you need. Definitely delaying a few projects until prices stabilize though.

[@HomeRenoVisionDIY]

I feel that!

[@_AndromedaGalaxy_]

skagit county, ive not seen what i thought was supply issues but prices as high as anywhere else in the country.

[@andolos65]

That was an interesting video. Thank you. Another reason should be related to demand. Many families can not travel or do other activities. Then they do some home renovation that demands more lumber.

[@primemoverRR]

Hey Jeff! Thanks again for addressing the lumber pricing issue. So, I live in middle Tennessee about 15 minutes Northwest of Nashville. All of our normal big-box home improvement warehouse stores (Lowes and Home Depot) seem to have plenty of lumber in stock now, but the prices are still VERY high. In September of last year l I had priced the lumber (along with composite decking boards) to rebuild my old, dilapidated 12x12 deck on the back of my house. I figured that with the decking screws/fasteners including , I was looking at about $1,500 (US dollars) to get everything I needed. In April I went to Lowe's to get everything I needed to go ahead and rebuild my deck. The same lumber and composite decking was going to run about $3,800 and as a result I decided not to rebuild the deck just now and hold off to see if the prices will drop some by this fall. Fingers crossed that my deck holds up until then!

[@MicahMcLellan]

Thanks as always, Jeff, for the insightful information! Perhaps your member buyers club will eventually include lumber and at special prices as well? 😉

[@HomeRenoVisionDIY]

We will see!

[@UmamiPapi]

The price will stay high because they saw that you will still pay it. Simple as that.

[@mikelynn8977]

In a true free market economy without government intervention supply and demand will keep the price where it needs to be.

[@richardbrantner8672]

Your damn right,scum bags ....the rich can build, and I cant....

[@philipengleman7655]

This is bidens (screw u spell check) and l say again BIDENS new tax on the people of the america

[@havox112]

@@mikelynn8977 it’s not free because all the mills are in on it

[@danielsmith1690]

People will stop buying, and price will fall. That's how economics works.

[@michaelli846]

I'm in Ottawa. I bought mine last May in the range of $2.7~2.9 for basement. So happy no waste of time.

[@IHaveaPinkBeard]

That board trick at the end was the closest thing I have seen to a board stretcher for 2x4s yet. Nice advice, thanks!!!

[@valeriej291]

In Iowa; I Tried to buy 2 pieces of door jamb this week…no one has any. These politicians wouldn’t know an essential business if it bit them on the butt.

[@frapetti]

Prices more than doubled this year in Norway as well. From what I saw it’s still selling like hot cakes, though. In lockdown everyone’s a diy-er

[@alexhb12333]

For my little kitchen remodel I bit the bullet and bought everything I'd need for my subfloor, walls, and headers ahead of this price nonsense. Haven't had the time to do it, but must have saved a solid few hundred by doing that.

[@kimhowatt3067]

This is the first time I have ever subscribed and posted a comment on a youtube video. I love the fact that you are in Canada (about the same latitude as me) and that your videos are built for us. I am in NB and am about 12km from a sawmill (larger company). Every time I drive by, I swear their stash gets larger and larger. Are the mills holding back? I cannot get access to much lumber here. Most stores (closest Home Depot is 2 hrs away) here do not have lumber currently. Every time I look, it says "sold out". Love your steel stud video and will be using those for the first time to build a very much needed storage/work shed. Thank you for your clear and concise videos!

[@4mulaBaby]

In early 2020 in Iowa, a premium 8' 2x4 was $2.49. Today they were $13.79. Officially over quintuple price in about 16-18 month's time.

[@Riverdale270]

Jesus christ who is buying those..

[@MB12116]

I was doing a corn hole board business and was selling high quality boards for $275 pre COVID. I had to stop because it didn’t make finical sense, $15(5)[2x4]+1/2 [3/4 birch plywood] $90 and then pain, putty, stain, primer, brushes, rollers which is like $40 and another $20for miscellaneous stuff. That equates to about $95 profit which just isn’t worth it. I just sold a set for $400 but am probably done for a while.

[@BcottStudios]

Hello fellow Iowan

[@tatsumaru12345]

2x4x8 in WV and VA is 8.36$ for the basic plain jane not a true 2x4 jank It was 2.75$ end of 2019

[@tonymcfeisty2478]

Wow Tom, I though I was hard done by when 8' 3x2 cls went up from the £2.50 i payed last year to £4.00 i had to pay for some that I needed recently for a bathroom renovation. I was shocked at how low stock levels were at the timber merchants.

[@macaroni1652]

Wood is sitting on retail shelfs this year here in MN. Someone is going to get stuck with some expensive inventory.

[@Backtatt]

Thank you for the updated information brother. Also great tip for fixing a stud 🤙🏻

[@HomeRenoVisionDIY]

Cheers!

[@bamahama707]

When will the cost of lumber go down? When people stop paying ridiculously high prices. Nobody gets rich if the stuff doesn't sell.

[@NeverTalkToCops1]

OH, so people will grow their own lumber? Wot wrong wid yu?

[@petermelnikov682]

Put on hold any renovations except the roof which can't be postponed, building a kayak instead :-D

[@wallywallywa]

We're building a deck in Portland, OR, and pressure treated wood is more expensive than the lower end Trex and TimberTech. We're going with composite.

[@AlGoYoSu]

I built my deck 4 years ago when #2 pine deck boards were a fraction of composite. I would definitely go composite if the prices are close.

[@wallywallywa]

@@AlGoYoSu I read about lumber being high, but we were quoted $6.73/sq. ft for pressure treated and $5.60 sq. ft for Trex that I really like. Add in maintenance over the life of this deck and, for me, it was a no brainer.

[@Off-Grid]

I was pricing subfloor yesterday day and treated was less than standard which seems strange to me. Will have to look at composite since we need to build a deck.

[@jimkirby9959]

That's foolish. You're far better off going with Cumaru.

[@kipplitz]

Oklahoma here, lumber prices are insane. Did a small project, cost for the raw lumber was 4 times more than what or it was 6-9 months ago. I am done until prices come down.

[@emilvall2582]

Im from Guthrie ok And it really crazy lumber price

[@JamesDoylesGarage]

I really appreciate you explaining all of this. Awesome.

[@michaeltablet8577]

I asked my local home depot why 2x4s were8 bucks each. They said there was a shortage. I said your app says you have 3000 in stock . And this is a small town. So I put off all building projects until it goes down. If there was a shortage they would be out of stock. If you can buy all you want there is no shortage. The lumber mills where I live down south never slowed down.

[@tinop414]

We are at 12$ a piece. 8$ is a good deal now a days haha.

[@scott247]

I’m holding off too. Something is only worth what someone is willing to pay for it.

[@RandOm-yp4ix]

yeah, ive been wanting to build a new chicken coop for a year now an there is no way im paying these prices... sorry chickens you're just going to have to live in the dilapidated shack made of scrap wood.

[@michaeltablet8577]

@@RandOm-yp4ix it's crazy. I build small projects in my wood shop like bird houses and feeders. There are a couple of local construction companies that usually give me their scraps. Now they don't have any. They save everything.

[@ibrahimwehbe1153]

I give a thumbs up because Jeff cares about his fans and brings topics that really matter

[@aarwie1]

I’m in Washington state. The prices just spiked yesterday again. 4x8’ OSB went from $62/sheet to $84/sheet in a day. 8’ long 2x4’s are now at $8.25/ea.

[@joelamatt]

In New Hampshire - I was in Lowes this weekend (May 23), not only are prices higher, supply was low for 2x6 pressure treated. Looked like other shelfs were low.

[@aaronalquiza9680]

my deck will have to be rebuilt next year. thank goodness i've built my sheds last year (while referring to your DIY Shed build) lol

[@malibuman8941]

Wonder if decking material prices such as Trex has gone up or not. It's not really wood.

[@HomeRenoVisionDIY]

composite and mdf products have held the line

[@tomrobison4274]

We are getting gouged by all retailers and it will continue for a long time.

[@reempire888]

Truth is once is up it will most likely not coming back down to pre pandemic prices. It's their excuse to gouge us.

[@pkkiller_apathy4568]

So basically till after markets collapse

[@The.Dude.Abides.]

Highly doubt that. Give it 4-5 months and I expect that we can start to see pricing trend downward. Give it another couple months after that I think by later this year or early next year we will be back to “normal”.

[@LLPOF]

Recently I went to Home Depot and Lowes. On the left hand side (where lumber is) it was completely stocked, and not a person to be found except me. I've never seen it like that before. It was errie, like a ghost town.

[@therussellreport1521]

I’m in North Carolina, USA. 2x6x10 pressure treated lumber at Home Depot was $12.47 a board when I rebuilt my deck in April. 16ft deck boards were $14.37. I saved about $2000.00 doing it myself thanks to your videos!

[@balltillwefall8284]

east coast USA price of a lot of 2x PT wood has gone up 50% in the last 2 months... i've been watching prices since i quoted my deck and decided to hold off...

[@HomeRenoVisionDIY]

either pull the trigger now or wait till next year! Cheers!

[@sandyarneson4227]

Midwest and I'm doing the same. Roof replaced last month and paid $86 a sheet for OSB.

[@jonathanknapp1607]

48x96 7/8" OSB was $7.00 2 years ago. Today it is $65.00 a sheet at Home Depot.

[@frankd8957]

I purchased several 1 x 4's, 6 feet long from a local Home Depot. They were of good quality and the tags said "made in Sweden"!

[@johncford3957]

My Nephew is part of a logging company and they aren't seeing price increases on their end, the high prices are retail level and will decline as interest rates go up. You can always use steel studs and joists to help with costs if you do have to build something.

[@joshjones3366]

Unbelievable price increases over the last year here in Louisiana. It remains to this day. I just spoke with a coworker the other day about how his lumber quote increased from 63k to 112k for framing a house he wants to build. He's placed his project on indefinite hold...

[@_AndromedaGalaxy_]

thats what more folks need to do. supply and demand.

[@TPitts-ow3cw]

I live in Virginia, I just went to Home Depot, and full sheet of 1/4 inch OSB was near 60dollars

[@MrSteeDoo]

Who the eff buys 1/4" OSB?

[@ThomasGapinski]

In FL, a pressure treated 2x4x8 was $4.47 in Aug. 2020. I built an 8’ high fence around my property, and lumber prices increased weekly. Treated 2x4x8 are currently $8.98.

[@aletheakelly1010]

Yeah, Im needing an exterior wall on my house fixed. Not going to wait 2 years. I am having to settle for plywood instead of bevelled cedar, but am happy not to have holes into the house.

[@woohunter1]

This is why I’m holding out till next year to build my gazebo. Even though I can still afford it, I refuse to feed these greedy crooks, I hate rewarding bad behavior.

[@mikeznel6048]

Hope it goes well. I started a shed and now it sits bare framed because I blew my savings on the framing. I should be done and have money left over with what I have into it. 16x12 feet with a 6/12 roof. 2700 dollars... Now I'm broke and my shed projects sits like I'm a lazy bozo who can't finish it. I can't afford 85 dollar a sheet plywood. I can't even afford an 11 dollar 2x4 anymore.

[@dstewart7470]

Amen

[@MeltingRubberZ28]

@@mikeznel6048 I just built that exact same shed at the beginning of covid, just a 7/12 roof, 5 ply plywood, 10' studs for the first story. $1850 all in

[@danieli708]

So is it better to frame interiors walls with steel framing?

[@HomeRenoVisionDIY]

definitely!

[@xavierweiler3383]

Just be careful when running electrical wires, make sure you check your building code before doing it

[@4philipp]

Almost all commercial buildings do that anyway

[@canadiangirl5159]

I'm in central Alberta, and we're putting off building our house until the wood prices come down. We started planning to build last year and then Covid hit, so we put off building to this year, and now prices went up. Hopefully, things will get better soon.

[@FluteHypnosia]

When you’re good! You’re good. Thanks man.

[@HomeRenoVisionDIY]

Cheers!

[@checkfactschecking]

The only people making more money on the lumber price increase are the sawmills. Labour costs and tree costs are the same and lumber yards haven't increased their margins.

[@Candeerose3]

Yes, the BIG sawmills like Georgia Pacific, Weyerhaeuser, Interfor and a couple more. The 5 big sawmill companies and wood manufacturers. Weyerhaeuser alone made over 680 million in their first quarter this year. That's a 220% increase from same time last year. Best to buy from the small local mills as it's obvious the goal is to crush small businesses.

[@spirittammyk]

And blame the governments that created laws that force people that they have no choice but to buy lumber that is stamped by a lumber mill. Some counties even make laws that prohibit land owners from cutting down their own trees without a middle man involved.

[@Daniel_Antonio_Arellano782]

Not the small business sawmills. They are having problems too.But I get what you're saying.

[@Candeerose3]

@@Daniel_Antonio_Arellano782 That's what I said.

[@mikeznel6048]

3/4 inch plywood in ny is almost 100$ a sheet. This is insane. Didnt they make this illegal a long time ago?

[@lillysmalls51]

Hey neighbor, I agree with you, here in New Jersey it’s also the same crazy price.. I refuse to buy and hold off on any projects. Insanity at its most 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️

[@garyring8306]

they did but the current administration has to give industry a bone for helping him get elected he wont come in and say you have to stop gouging the marketplace with he excuse of covid anymore.

[@doomstar2472]

@@garyring8306 But isn’t capitalism great?

[@mikeznel6048]

@@doomstar2472 Thats not capitalism. This is socialism communist...

[@chrisdemott6614]

1/2' 4x8 sheet of basic plywood is $65, same size sanded cabinet quality plywood is $45 in Florida

[@trevino37]

In NYC we are simply waiting for stores to re-stock wood products like doors with frosted glass and weinscot wood panels. Lots of items here says unavailable