Lumber futures and wholesale pricing is down. Retail is down area dependent. All other building materials are still up and going up further in addition to supplies being tight. Be careful waiting too long, it could be a slippery slope.

Similarly have an insane quote for vinyl siding - 100% more since May….have you seen this too? Isn’t 100% overkill? I know Certainteed products had 10-15% price hike on May 3…

I need to get quotes for a new roof and keep putting it off, but think I need to bite the bullet.

Bevthebrit, interestingly roof materials and labor came in just around where the builder estimated in the beginning of the year…tiny but if good news.

"have you seen this too?"

I am in commercial so do not do anything with vinyl. But prices on our materials are all over the map as far as increases and lead times.

Millworkman thanks!

And now doubling since way back in November. Partly due to flooding and infrastructure damage in Canada. But also give credit where it's due: to Sleepy Joe doubling tariffs on Canadian lumber to keep US timber titans happy. Producers over consumers, as usual.

On the bright side, a coming recession would be a boon for bargain hunting.

Hardly a partisan issue when everyone from NPR and the Washington Post to the Heritage Foundation partially ascribes lumber price rises to the sudden imposition of tariffs.

But I guess any mention of causation is verboten here. Be sure to flag my offensive post!

Worthy, puleeze. Take your agenda elsewhere.

Tariffs do impact the consumer because the bill gets passed thru to the customer. I remember when we built in 2018. Canadian tariffs where a really big deal and lumber was high. Now its both demand, tariffs and I am sure the tornado damage down south will drive up demand costs more!

Of course. We all get that. But I don’t come to Houzz for a side of politics. Worthy took it by here. Not interested.

Of course. We all get that. But I don’t come to Houzz for a side of politics. Worthy took it there. Not interested. The answer unneeded would’ve been relevant back in August when I was buying lumber anyway. Anyone responding now is way late.

Politics aside tariffs on lumber would still be relevant to those people who are building now. So just because you posted 4 months ago there will be people who are building or thinking about building now who will look at the post and this information about tariffs will be helpful to them. I for one did not know tariffs on lumber from Canada were doubled.

Cool. It would be obvious to the causal observer there is no need for a bunch of “Sleepy Joe” BS. Did you really need me to explain that?

https://www.enr.com/articles/53119-us-doubles-tariffs-on-canadian-softwood-lumber-contractors-expect-higher-prices an interesting read on lumber tariffs.

@KayKay Bee No there was no need for the Sleepy Joe part of the comment.

Overall costs are almost always moving up, so timing a lumber purchase is a bit of a gamble of that purchase vs repricing expired bids for the other 90% of the home cost plus the costs of time.

There are multiple parts to government fees that impact lumber. Canadian Govt increased "stumpage fees" which is part of the reason our 2021 lows are 40-60% higher than 2020 lows and a new permanent cost. In other words, don't wait for those lower 2020 prices.

California has a 1% bump to its sales tax on lumber for impact fees, although our lumber industry is mostly gone.

Tariffs have been around through both political parties as long as I've been building.

Tariffs are not just an added cost. Buyers of Canadian lumber outside the US now have a larger "discount" than the US buyers have and that diverts a lot of supply away from US housing. The market has panicked some.

My steel guy was telling me the 25% steel tariff created about a 50% cost increase but it looks like that tariff may have been cancelled.