This is what I’m waiting for. I have a lot of cabinets and shelves (and a wall) to build in my new shop/garage. I put it all on hold until this price bubble bursts, which I’m confident it will. But it may not go as low as it was.
Regarding price variability, the 1x6 “fence” boards I bought months ago to build our planter boxes cost $1.65. Now, they are $1.74. Really, no difference.
1x6 boards have not increased that much in price. Maybe 10% over the last couple months. Nothing out of the ordinary for a seasonal trend. They mostly went up in price because mills stopped 1” boards and made more 2” dimension.
The biggest increases were in the lumber items used for pressure treating. Some of those items like the previously mentioned 4x4’s tripled in price. 2x4’s & 2x6’s, 2x8’s doubled in price over 5 months. 2x10’s & 2x12’s increased 50%.
7/16” OSB went up 3-4X in price since January. It was $190/msf($6/sheet) last winter. It is now $750/msf.($24/sheet) wholesale price.