April 06, 2021 at 5:58 p.m. EDT
Updated on:April 06, 2021, 6:16 p.m. EDT
The price of lumber has increased more than 260% since last year – driven by families who returned to home renovations during the pandemic.
That is in Milford, according to Bjorklund Properties. According to Christopher Bjorklund, other materials such as siding and roofing have increased by more than 30%.
He says that some builders wait for prices to go down before starting projects and that there is a need to plan for work a few months in advance.
“This is an unprecedented time,” Bjorklund told News 12.
Bjorklund expects this boom to continue into the fall and prices will fall again once the US is fully open.
Construction suppliers who spoke to News 12 say Canadian lumber mills are working twice as hard to keep up with demand.
Comments are closed.