But, in recent months, something has changed... dramatically... Since the lows in early April, the price of Lumber (futures) has exploded 200%...

"We had to pay three times the price," exclaims Ron Woods, the owner of Firehouse Builders, a general contracting company that specializes in building fences, decks and other smaller projects.

In fact, the surge in prices sent Lumber to its most expensive...ever!

A building boom? This is "great news" some might say as it indicates 'demand' is high and the economy is "getting back to normal," right?

Wrong!

As Woods explains, "the explanation they had for us was that COVID-19 shut down the plants that treat the wood, and that finally caught up."

In fact, as Galvnews.com reports, the price changes are affecting all sorts of basic building materials, said Al Fichera, the owner of Fichera Builders in Galveston. In the past two weeks, sheets of plywood have gone from $15 a sheet to $34 a sheet, he said.

It's normal for the price of building supplies to fluctuate, he said, but that kind of spike is unusual.