Lumber prices collapse in Canada 🇨🇦
Did you get sucked into the mad rush of Renovations this summer ?
Neighbors here in Ontario were running around like crazy people buying lumber and other buildings materials at all time highs … it reminded me of the Toilet paper craze. Except this was costing many thousands of dollars.
Warning everyone that they better buy lumber before the price doubled again. And again …
And now … the prices are crashing.
Homeowners who resisted the urge to renovate during the first 18 months of the pandemic may find now is their chance, as lumber prices that soared to dizzying heights in the spring have crashed back down to earth.
At family-run Peacock Lumber in Oshawa, Ont., owner Glen Peacock said retail prices have "collapsed" in recent weeks. An eight-foot-long, two-by-four inch piece of framing lumber that cost $12.65 on June 1 is now selling for $3.95, Peacock said — basically what it would have sold for before the boom.
News : https://www.cbc.ca/news/business/lumber-prices-1.6177016
Source : https://www.cbc.ca/news/business/lumber-prices-1.6177016
Leave Lumber prices collapse in Canada 🇨🇦 to:
Best Posts From offgridlife
We have not curated any of offgridlife's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From offgridlife
- The Haunted Tour at Penetanguishene
- Hunting Cabin on 13 acres …. $ 119,900
- Log cabin for $65,900
- Shebahonaning 1820 / Killarney Ontario
- Power is out after the big Storm on Canoe Lake
- Slow drive through the Forests of the Huron Wendat
- Stopping by the French River Trading Post, Ontario Canada
- Checking out the Shipwrecks at Tobermory, Georgian Bay Canada
- What’s happening with Hive price ?
- A beautiful day on Lake Superior, Canada