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jon
jon asked in Business & FinanceSmall Business · 2 weeks ago

Why are lumber prices so high in the US right now?  ?

150% increase from last year at this time. 

5 Answers

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  • babyboomer1001
    Lv 7
    2 weeks ago
    Favorite Answer

    Practically everything has been hiked in price.  I guess merchants are just taking advantage of people.  Their excuse - closed businesses for a while.  Yet, we were still buying online what was needed.

  • tek1int
    Lv 4
    2 weeks ago

    Demand.  COVID is driving prices up because the demand for single family homes has increased.  Also, Spring is the home buying, home building season.

  • Pearl L
    Lv 7
    2 weeks ago

    maybe theyre trying to make money off them

  • Pearl
    Lv 7
    2 weeks ago

    maybe theyre trying to make money off it

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  • ?
    Lv 7
    2 weeks ago

    More people are doing DIY at home so they’re buying more lumber. When there’s a high demand for something, the price goes up. 

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