The price of lumber has jumped
more than 260% since last year – driven up by families refocusing on home
renovations during the pandemic.
That’s according to
Bjorklund Properties in Milford. Christopher Bjorklund says other materials,
such as siding and roofing are up more than 30%.
He says some builders are
waiting for prices to come down before starting projects and that some need to
be scheduled for work months in advance.
"This is an
unprecedented time," Bjorklund told News 12.
Bjorklund says he expects
this boom to continue into the fall and prices to fall again once the U.S. is
fully open.
Building supply companies
who spoke with News 12 say Canadian lumber mills are working twice as hard to
try and keep up with demand.