Lumber prices have risen to record highs due to the stress and strain the pandemic has put on the lumber industry. The costs for lumber rose to more than 1,000 per 1,000 square board feet. Prices have now dropped down to $859 per 1,000, but this is still double the pricing from November of 2020.
As the summer building season approaches, you may be wondering how this lumber pricing could affect your deck building project.
What Caused the Rise in Lumber Prices?
Many factors that caused lumber prices to rise are related to COVID-19. Last spring, some lumber mills shut down production, which led to a labor shortage to fill jobs. Also, interest rates for homes were low, which lead to the strengthening of the new homes construction market. With many people laid-off or working from home, there was also a rise in home improvement projects.
The lumber rate hikes are partially due to the pandemic and partially due to the high demand for housing.
What Does This Mean for My Deck Project?
With a decrease in lumber supply and the high cost of lumber, you may want to consider a different material for your deck project. Since wooden siding and decking may be affected in the Pittsburgh area, you may want to look into composite decking
or polymer (PVC). At Quaker State Construction, in addition to wooden decking, we also offer:
- TimberTech- This composite material is resistant to mold, scratches, stains, mildew, termites, and rot. It provides the look and feel of real wood and is perfect for decks and pool decks.
- AZEK- This material is made of polymer (PVC), composed of 100% inorganic materials. AZEK is capped with Alloy Armor Technology, which helps resists staining and fading for a deck that will last and looks great for years to come!
These materials are a great replacement for wood decking if the lumber supplies remain scarce and expensive.
Professional Deck Building Services
At Quaker State Construction, we provide expert deck construction services to create a relaxing outdoor living space for you and your family. Don’t let the lumber shortage hold you back; contact us today
to get started on your new deck!