2022 Lumber Costs and Prices for Building a House The cost of lumber has gone through a roller coaster in the past two years for many reasons—from the increased demand for homes to the lumber shortage due to supply chain issues and the British Columbia floods. Given the massive price increases in the lumber industry, building costs have also risen significantly. So, if you have been thinking of building a…

Learn why the COVID-19 pandemic caused a nation-wide lumber shortage. The onset of the COVID-19 pandemic led to supply chain disruptions that made transporting goods difficult and left many commodities in short supply. However, what surprised many was the lumber shortage that skyrocketed lumber prices. The shortage was so pronounced that prices reached an all-time high of $1,711 per thousand board feet in May 2021. So, to better understand what…