The RoMac Building Supply Whole House Commodity Index (Index) for April 2021 hit another record high as pricing in all sectors of the market continue to increase almost unabated. Last month, I wrote that I expected the markets to worsen before they improve, and this month’s movement confirms my prediction. The Index jumped 5.2 percent […]
The RoMac Building Supply Whole House Commodity Index (Index) for March 2021 surged to another record high as pricing continues to escalate in most building material sectors. The Index jumped 4.8 percent to $49,697 from the prior month, and since the pandemic began in mid-March 2020, the Index has increased an unimaginable 45.8 percent going […]
In January, I predicted the commodity and building material markets could get uglier given historic trends and despite significant winter weather in the northern tier of the country. Unfortunately, those written words have come true. The markets continued to escalate over the last month and supply in many areas, like OSB, has tightened. The […]
The RoMac Building Supply Whole House Commodity Index (Index) for January 2021 hit a record high of $46,011 which translates to a 15.1 percent increase from December 2020. The first of the year usually includes the reset of freight and contract pricing along with yearly increases, and this year, the price increases are almost across […]
In last month’s RoMac Building Supply Whole House Commodity Index, I wrote the following: I expect continued shutdowns at all levels because of the virus. Pricing will fluctuate but remain high, and we could see spot shortages by spring. Stability will come to the markets when the Coronavirus is resolved by either good public healthcare […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-November 2020 dropped 7.4 percent to $38,766 as wood commodities continued to moderate in price. Although prices have retreated to late summer pricing, the Index is 17.0 percent higher than November 2019 and has its fourth highest number in its 15-year history. Many believe commodity […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-October 2020 dropped 1.3 percent to $41,852 from the prior month. The Wood Commodity markets are in a hangover from the huge price runup party they enjoyed over the summer. Just like a real party, there are some who do not want to leave, and […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-September 2020 set another record high as wood-related building materials continue to remain in tight supply while manufacturers struggle to catch up from COVID-19 manufacturing delays. Since mid-August, the Index rose to $42,401 or an increase of 7.3 percent. The data point that puts these […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-August 2020 hit an all-time record high price as manufacturers and mills struggled to keep up with demand amid curtailments and reduced production due to COVID-19. Over the last 30 days, the Index increased 7.9 percent to $39,534. Not only are wood commodity prices at […]
