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Lumber prices double and triple amid surge in home building, renovations

That isn’t always guaranteed either. A combination of a boom in U.S. housing construction with a COVID-19-inspired explosion in home renovations that lumber producers still haven’t caught up with have pushed lumber prices to stratospheric highs, said Keta Kosman, publisher of the industry journal Madison’s Lumber Reporter. Madison’s last week quoted a price of $1,330 US for 1,000 board feet of Western Spruce, pine or fir two-by-fours, a standard measure in the industry, which would have cost $336 US a year ago. “For the past 15 years or whatever, lumber has not been sexy and now, suddenly, it’s a hot and really cool thing,” Kosman said. “An economist sent me lumber prices in Bitcoin, lumber prices in oil.”

Long a boring commodity, B C lumber prices soar to stratospheric high

Long a boring commodity, B.C. lumber prices soar to stratospheric highs Prices have more than tripled in the last year, hitting US$1,330 per 1,000 board feet Author of the article: Derrick Penner Publishing date: May 10, 2021  •  1 day ago  •  3 minute read  •  The combination of a boom in U.S. housing construction with a COVID-19-inspired explosion in home renovations that lumber producers still haven t caught up with have pushed lumber prices to stratospheric highs, said Keta Kosman, publisher of the industry journal Madison s Lumber Reporter. Photo by ian lindsay /Vancouver Sun Article content The sticker shock of lumber prices that have more than tripled in the last year has made Cameron Holden’s job of managing client expectations as a renovation contractor.

UTM seeks revenge on EKU

UTM seeks revenge on EKU February 17, 2021 GMT Skyhawk Arena, Martin, Tennessee; Thursday, 9 p.m. EST BOTTOM LINE: UT Martin seeks revenge on Eastern Kentucky after dropping the first matchup in Richmond. The teams last played each other on Jan. 21, when the Colonels outshot UT Martin from the field 60 percent to 42.4 percent and made 18 more 3-pointers en route to a 40-point victory. TEAM LEADERS: Cameron Holden has put up 14.4 points and 7.8 rebounds to lead the way for the Skyhawks. Complementing Holden is Jaron Williams, who is producing 10.5 points per game. The Colonels are led by Tre King, who is averaging 15.5 points and 6.8 rebounds.TERRIFIC TRE: King has connected on 31.3 percent of the 48 3-pointers he’s attempted. He’s also converted 70.3 percent of his free throws this season.

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