Lumber shortage, prices skyrocket (Seattle supply affected by riots)

Emily

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Lumber shortage, prices skyrocket (Seattle supply affected by riots)

September 30, 2020, 06:18 PM

Heard about the riot-enhanced shortage in Seatte area on a local real estate show. I imaging Portland must be affected, too.

In-Depth: Splintered lumber market causing shortages, major price increases

https://www.news5cleveland.com/news/local-news/in-depth/splintered-lumber-market-causing-shortages-major-price-increases

Whether you are a professional homebuilder or a weekend warrior working on do-it-yourself projects, there is one material found in just about any project: lumber. The past several months, lumber has been in short supply, forcing construction firms to adjust and prices to skyrocket.

By: Jordan Vandenberge
Posted at 2:50 PM, Sep 30, 2020 and last updated 3:48 PM, Sep 30, 2020
...
Fueled by a combination of the COVID-19 pandemic, disrupted supply chains, tariffs on Canadian lumber and a surge in home construction and remodeling, the prices of every day framing lumber have ballooned over 80% since the spring. In some cases, prices have more than doubled...

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Lumber shortage, prices skyrocket (Seattle supply affected by riots)

Lumber shortage, prices skyrocket (Seattle supply affected by riots)