Builders: Lumber boom driven by pandemic-driven focus on home renovation

Building supply companies who spoke with News 12 say Canadian lumber mills are working twice as hard to try and keep up with demand.

News 12 Staff

Apr 6, 2021, 9:58 PM

Updated 1,278 days ago

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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.