Iowa lumber prices soar again ahead of construction season
DES MOINES, IOWA — The price of lumber has been up and down since the pandemic, now industry experts say the cost of lumber and other building materials is rising again.
Leachman Lumber Vice President and CEO Mark Leachman said people should expect to pay a lot more at checkout.
“We had a little slowdown in late summer early fall, but now they’re [prices are] going back up there,” Leachman said.
“They’re not quite up like they were last year, but they’re 20-25% off the highs we had last year.”
Leachman believes prices are high due to new developments, high fuel prices and some imported items.
According to the National Association of Home Builders, the recent price spike has added more than $18,600 to the price of a newly built home.
Leachman says to order building materials immediately if you plan to remodel your home.
“Plan ahead. Be sure to give them [companies] a lot of time,” Leachman said.
“I was talking to a client about this earlier, and they want to do things in their summer house, and I said, well, you might as well start buying things and organizing things now, because it could be July before you can get anything special Ordered Items.”
Leachman also said the most common items customers buy are wood, siding, windows, interior doors, exterior doors, trim and composite decking.
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