If you’ve walked through your local home improvement store lately, you may have noticed that lumber prices are skyrocketing this year. In fact, the wholesale price of lumber hit an all-time high in May – climbing a staggering 323% since the start of the coronavirus pandemic in 2020.
While there are signs that the market may be starting to cool as the U.S. economy reopens, wood still remains a hot commodity. So much so, that there are even reports of black market sellers and lumber yard heists!
Learn more, here.
