Lumber prices and alternatives

Prices have been steadily dropping for a while. This includes panels as well as dimensional lumber.
The rising interest rates have definitely slowed residential construction down. Commercial still going strong. In fact, we're shipping to 4 new Publix shopping centers this week.

I'll start my shop build when labor costs drop. The material cost has never been an issue for me (obvious reasons) but the high cost of labor is a deal-breaker currently.
So you going to build it not where you live?
 
Oh, I do.
Prostate health is important to me
Im Out GIF
 
Joking aside, panels are staying flat and lumber is easing back up a little bit
It's way lower than it once was, but probably in the 25-30 percent range higher than historically.
 
Joking aside, panels are staying flat and lumber is easing back up a little bit
It's way lower than it once was, but probably in the 25-30 percent range higher than historically.
Would you predict it is about as good as it will get for a good while or will housing dip more driving prices down over the coming months?

Inflation or stagnation winning?
 
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