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Oregon's annual Pickathon Experiential Music Festival is in full swing, and a highlight is the return of a timber stage design created by students at the Portland State University School of Architecture. Their Cherry Hill stage is one of nine incorporated into the festival’s... View full entry
Canadian wildfire smoke continues to blow over much of the U.S., raising air pollution to harmful levels for construction workers. Now, the impact of the fires is likely to raise U.S. lumber prices, too. — Construction Dive
As reported by Construction Dive, Canada’s devastating wildfire season, which has been felt across North America through declined air quality, has impacted the largest amount of land ever recorded in a single year. As a result, lumber prices are expected to rise as Canada supplies approximately... View full entry
Since the COVID-19 pandemic began, multifamily developers and builders have had their work cut out for them as they try to budget for their lumber needs. After months of wild fluctuations, lumber futures fell to their lowest level in a year earlier this month, according to lumber price data from NASDAQ. They have since reversed course, and currently stand at just under $600. — Multifamily Dive
As reported by Multifamily Dive, two pandemic-induced bubbles, in which lumber futures rose to record highs in the thousands of dollars, popped, dropping to below $500. The producer price index, a measure of the average changes in prices received by producers, for softwood lumber fell 22.6% in... View full entry
It’s been a rough couple of years for timber. As we have previously reported, lumber prices across the United States saw a 90% increase in May 2021 on the previous 12 months, adding an extra $36,000 onto the cost of constructing a new home. In a relief for clients and contractors alike, that... View full entry
Over one month since Russia launched a full-scale invasion of Ukraine, the impacts of the war on Europe’s construction sector are beginning to emerge. Since the military offensive began, a steady increase in European sanctions against Russia has curtailed material supplies across the continent... View full entry
A new report released today by the industry group Lumber Supply Research Group (LSRG) reveals a dramatically increased scarcity of lumber in the digital realm as demand for the sought-after material has skyrocketed within the last quarter, leading to significant price hikes and delays in... View full entry
Lumber prices have seen dramatic rises and falls during the COVID-19 pandemic. In May 2021, prices saw a 90% increase on the previous 12 months, adding an extra $36,000 onto the cost of constructing a new home in the United States. The record-high in May was followed a 40% decline in prices in... View full entry
Although the prices of some raw materials fell in December, costs are still sky high for contractors looking to purchase them, according to a new analysis by the Associated General Contractors of America. Overall, the price of construction materials jumped nearly 20% in 2021, the group said Thursday. — Construction Dive
In addition, according to the Associated General Contractors of America’s (AGC) 2022 Construction Hiring and Business Outlook Survey, material costs were listed as a top concern for contractors this year. Though prices moderated for some construction materials in December, they still... View full entry
The University of Idaho recently announced that it has been awarded nearly $4 million from the National Science Foundation’s (NSF) EPSCoR Research Infrastructure Improvement Program to develop technology for the conversion of wood waste into 3D-printing building materials. Research will... View full entry
Since lumber, steel, and other construction material costs began skyrocketing during the summer of 2021, Archinect has followed the ongoing fluctuation of construction costs. During our July construction coverage, the cost of lumber began to drop, which brought a slight glimmer of relief... View full entry
Lumber prices have seen their largest monthly drop on record, after a year of inflated prices driven by COVID-19 disruption. Throughout June alone, lumber prices declined more than 40%, driving an 18% overall decrease throughout 2021. The decline is attributed to a number of factors, including... View full entry
The U.S. Commerce Department has released a report concluding that the United States must double its tariff on Canadian softwood lumber, raising the figure from 9% to 18%. As reported by Fortune, the increase would seek to combat alleged unfair Canadian trade practices, where lumber production is... View full entry
Following the sudden, dramatic price spikes on an array of building materials in 2021, the Associated General Contractors of America has appealed to President Joe Biden to take action to ease the skyrocketing cost of lumber. — Construction Dive
According to Construction Dive, "AGC CEO Stephen Sandherr asked Biden to urge domestic lumber producers to ramp up production to address growing shortages, as well as to make the crafting of a new softwood lumber agreement with Canada a top priority of his administration." View full entry
In 2016 the Brooklyn-based firm Hou de Sousa submitted a winning proposal for the Folly Competition held by the Architectural League of New York and Socrates Sculpture Park. The goal of the project was to create a newly designed open-air education facility that would act as a permanent replacement... View full entry
