have you noticed the price of lumber seems to be falling?
I just bought 50 sheets of 4 ply (15/32) sheathing at 10.48 a sheet..
3 weeks ago OSB was $12 today it was 9.97
Even #2 syp 2x’s are cheaper.
Hope this keeps up
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WWPD
Edited 8/12/2005 6:53 am ET by Sailfish
Replies
Its running $11.99 a sheet here. About the same as it has been for a while.
not sure about OSB.
btw how are the fish biting?
Excellent, when I get out :(
between the home addition the new baby its been a difficlut fishing summer-----------------------------------------------------------------------------
WWPD
Haven't noticed sawn lumber lately (I will check) but 1/2 CDX here is about $13. About a year ago it was ten bucks higher. Maybe they got all the barracks built in Iraq. When we go into Syria it'll shoot up again.
I see your in Tampa. Your area might be a little less than the national average because the lumber yards might have stocked up in anticipation of a big hurricane season like last year. So far all is well and you have not be hit so maybe they have an inventory glut they want to thin a bit.
I do notice that sheet goods are down a bunch from last year and also gun nails are down about 25% to 35% vs. same time last year. They are still higher than 2 years ago though.
OSB has been pretty steadily $11.99 a sheet here for quite a while. About a week ago, it dropped to $8.99. Yesterday I saw Lowe's advertising OSB for $7.14.....
--Ken
Your market probably flutuates more with the hurricanes than up here
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Interesting -- I'd expect lumber to follow fuel, since transportation is a big part of the cost in that business.
-- J.S.
2x4x8' spf is 2.89 at one yard and 3.29 at another in LaPorte County, In.
Thats a good price. I was paying 3.46 for the 8' (syp) 3 weeks ago
Just got them the other day 2.59 I believe-----------------------------------------------------------------------------
WWPD
According to a recent news article the housing market may not only have a bubble, but might have one about to burst. In the top five markets, the rate of inflated valuation on homes has dropped 50% since last year (if I remember correctly). I wonder if in these aggressive and potentially large markets new home construction is starting to slow down with stock beginning to pile up in inventories--hence a reduction in product pricing.