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In Our View: Lumber crunch expected to be temporary The Columbian Share: Just as the United States is coming out of the woods of the pandemic, it is running out of wood. Skyrocketing lumber prices have been one of the unexpected results of the coronavirus pandemic. As Levi Means of Parr Lumber told The Columbian: “There have been big surges in the past; in the early 2000s during the height of the housing boom before the major recession, you saw some pretty large increases in the cost of materials. They pale in comparison to this, fractions of what we’re seeing now.” ....
Spiking lumber costs splinter Clark County homebuilders’ budgets Published: May 15, 2021, 6:04am Share: 3 Photos Stacks of lumber sit on the lot ready to be used to construct apartment buildings on Friday at the Latitude 45 apartment complex in Vancouver. Local builders have had to navigate rising lumber prices amid a national spike in demand. (Joshua Hart/The Columbian) Photo Gallery When Vancouver-based Ginn Development began work on the Latitude 45 apartments in 2019, the cost of lumber per unit for the east Vancouver complex was $8,188. Phase 2 of the project kicked off this year a similarly sized cluster of similarly designed apartment buildings on an adjacent parcel of land. The lumber cost per unit: $22,805. ....