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September 2, 2020
N. America: Perfect storm has led to lumber, panel and building materials cost skyrocketing
John Gunkelman is the owner of Fargo’s Dakota Construction and is the immediate past president of the Home Builders Association of Fargo-Moorhead. Gunkleman sums up the current spike in lumber, panels and building materials in just ten words, “The numbers are just kind of going through the roof.” Gunkleman goes onto say that price increases have prompted more builders to put time limits on their construction bids, or to add price-escalator clauses to contracts to protect their own bottom lines. Adding “Random length lumber since April has increased 130 ...
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