Lumber and Trex Market Update: 1/29/2022
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DECKING NEWS

Shade from the sun idea on deck, shade sail

Can I Buy the Materials When Hiring a Deck Builder?

Every once in a while, we come across this scenario: A client plans to build their own deck as a DIY project. They buy the materials, but six months down the road, they realize there isn’t enough time in the …

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Blue patio furniture set on Trex deck in Canton, MI

Furniture for Composite Decking: What Won’t Cause Scratches?

A new Trex deck creates a wonderful space to enjoy the outdoors with those you love (or are obligated to invite over from time to time, you know who we’re talking about!). However, like with anything new, you probably want …

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Can We Replicate Another Deck’s Design for Your Build?

So you’ve found your dream deck or one close to it! Your neighbor invited you over for a good old-fashioned neighborhood BBQ, and you fell in love with their deck—the size, design, features, etc. Or maybe you found it while …

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Backyard view from deck

Can We Build a Deck Without a Permit? When A Permit Is Required & the 1 Exception

Is a permit required when building a deck? Knowing when it’s necessary isn’t always straightforward. You may have heard multiple answers from different people, or that it depends on some specific conditions. While true, the rules are conditional; they will be …

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gas fire pit on a deck

Can You Put a Fire Pit on a Deck? Here’s What You Should Consider

Can you put a fire pit on a deck and use it safely?  As the weather starts to warm up, this question enters the mind of many new deck owners. After all, your deck is the perfect place to sit …

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Do You Need an Electrician to Install Deck Lights?

Deck lights are one of the most popular, practical, and aesthetically pleasing upgrades you can choose. They’re considered essential by many, especially if you plan on using your deck at night.  But how viable is it for homeowners to install …

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Lumber and Trex Market Costs Update

Last Updated: 1/29/2022
Custom Deck Creations

A brief look into the current and expected inflation

Quick Summary

Lumber rose +28% locally from November 2021 to January 2022, and is expected for another significant double-digit increase impacting us in June 2022. We’re also anticipating a cost increase  from Trex around that  same time frame. Depending on size and material selection, decks are anticipated to increase in cost an average of $2,000 to $4,000 come June 2022. Custom Deck Creations is currently scheduling projects for April/May, before we feel these cost increases. Schedule a quote with us today to lock in today’s costs.

For a more detailed look into the market, please continue reading:

Lumber

The lumber market continues to see pressure on the supply side. Canadian truck drivers are protesting COVID vaccine mandates, threatening to disrupt deliveries in Canada and possibly into the US. Fuel prices are also increasing. Overall demand for Southern Yellow Pine (pressure treated lumber used here in MI) remains steady. Mills are not sitting on a lot of inventory. Lead times from mills to dealers are getting extended.

Pressure treated lumber costs increased locally +28% from November 2021 to January 2022.

Lumber is expected to increase another ~+40% in June 2022. 

Custom Deck Creations is currently scheduling projects for April & May 2022, before we’re impacted by these increased costs.

Trex

Data from Trex distributors nationwide are seeing a steady growth in purchases even through winter.

Trex continues to see huge demand increases nationwide. 

Our Interpretation

Lumber will continue to rise in price throughout 2022. We don’t believe we’ll see pre-2022 lumber pricing any time soon.

In 2021 Trex put out 4 separate approximately +10% price increases. We believe more are to be expected in 2022. We do not expect Trex to ever lower their pricing.

No Inflationary Clause

Custom Deck Creations does not have an inflationary clause. Lock in today’s lumber and Trex costs with a signed agreement which puts you on our schedule. We will not charge you more even if our costs go up.

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