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Image: Joel & Jasmin Førestbird on Unsplash
Mid September saw lumber prices get close to the 1,000 USD per 1,000 board feet mark perhaps directly correlated to the 1.108 million new houses started. In Denver, there was a shortage of fire treated lumber, something we had never experienced. It made for tense conversations between purchasing agents and foremen. Calling Home Depot desperate for wood is an embarrassing venture for everyone and nobody wins.
Lumber is now at 515.30 USD.