Whole House Commodity Index October 2021 By Don Magruder For the second straight month, the RoMac Whole House Commodity Index (Index) for mid-October 2021, increased in price after two months of significant declines from historically high pricing levels. Needless to say, mid-August was the bottom of the commodity markets, and as dealers and mills burn […]
Whole House Commodity Index September 2021 By Don Magruder After two months of significant price declines in the RoMac Whole House Commodity Index (Index) for mid-September 2021, the Index increased by .9 percent as commodity lumber and sheathing prices increased firmly, cementing a bottom in the markets over the last couple of weeks. This month […]
For the second straight month, the RoMac Building Supply Whole House Commodity Index (Index) dropped, and over the last 30 days, there have been significant corrections in lumber and plywood with many coming over the last few weeks. Just a reminder, this Index is based on the wholesale delivered price to Central Florida as of […]
The RoMac Building Supply Whole House Commodity Index dropped for the first time since November 2020, and in mid-July the Index dropped 11.4 percent to $50,973. Wood commodities continued to adjust sharply over the last 30 days, but the Index did not drop more because metal related products and other building products continued to show […]
In the RoMac Building Supply Whole House Commodity Index in April of this year, I wrote in reference to commodity wood pricing the following, “I expect prices could moderate in the months of May and June if jobsite delays for windows and other products continue to persist.” On que, lumber pricing has settled a little […]
The RoMac Building Supply Whole House Commodity Index (Index) for May 2021 jumped to yet another record high at $56,752, or a whopping 8.5 percent increase. The demand equation, labor shortages, COVID-19 delays and continued trade woes are combining to heat pricing to unimaginable levels. At what point does the builder and consumer cry Uncle […]
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 […]
