They say the only constant is change. And over the last year and a half, in the building industry, we’ve known this to be true. Some builders locked in prices for their clients, so that even as prices rise and fall, the price quoted to the client remains the same. Others have absorbed some costs, passed some costs on, or are somewhere in the middle. It’s important to remember we are all in this together–no matter how we are dealing with these unprecedented times
Construction Lumber: Demand, Pricing, and Reducing Use
Most homes can’t be built without lumber. And as designers, we create house plans utilizing wood. As we well know, lumber prices continue to rise. From mid-April to mid-September 2020, the cost of framing lumber grew by 170%. What is causing this increase and what effects are we feeling in the industry? Is there anything we can do as designers and builders to make better, more cost-effective decisions when using lumber in construction?