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Episode 94: Volatility in building materials - A classic supply and demand story

The news, and our podcasts, have been filled with stories about the dramatic rise in lumber prices – until 2 weeks ago when prices fell. Join our Pricing and Purchasing and construction industry experts as they discuss what precipitated the price drop and whether prices will soon drop to pre-pandemic levels. They also turn their attention to the housing market where materials prices, inclusive of lumber, are up 9% but the cost of a new house is up 20%. They unpack what is driving up costs and how the construction market is doing around the globe. It’s a true tale of supply and demand.

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Speaker: Deni Koenhemsi, Principal Economist – Pricing and Purchasing and

John Anton, Director, Pricing and Purchasing, IHS Markit and

Scott Hazelton, Director, Construction, IHS Markit

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