US homebuilders say materials are getting easier to find

The great pandemic lumber shortage that delayed construction and pushed US home prices to record levels is easing up—at least for now.

After months of scrambling to stock up on lumber, more than half of US building material suppliers said in March inventories are back to pre-pandemic levels, according to the latest Burns Building Product Survey—which covers about 6% of the market for lumber dealers.

After floods in British Columbia disrupted supply late last year, lumber producers are getting back to their previous output. Building suppliers, meanwhile, are finding alternate shipping routes to get around supply chain issues, including a shortage of rail cars.

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