Building supply prices will return to normal in about 6 mo when my new, downsizing house is completed!
As for timber prices.... Trump, about 3 years ago, placed a tariff on Canadian pine as they were subsidizing their timber industry of conifer timbering on their public land and flooding American market with cheaper pine lumber.
In addition, the tariffs he placed on China, they responded in part with high tariffs on our Red Oak which is exported to them for fine furniture fabrication. Thus that market, which is a large market from this state has suppressed Red Oak stump prices. That Chinese tariff has since been lifted but at moment there is a surplus stockpile of RO state side. That surplus should deplete late this year and RO prices should rebound. Hence my timbering of 80 ac of mature RO and WO is on hold until early 22.