– It will never be as cheap as before this start, says Tor Ola Briskeby and points to the unfinished kitchen. He builds a house next to his parents’ farm. Here he has a view of the farm he owns in Lunner municipality on Hadeland. The prices of a number of raw materials rose sharply during the corona pandemic. The price of lumber increased by as much as 65 percent in one year. Now the prices of wood are down that. It comes in handy when building a house. – Here there is only wood, some steel, but otherwise it is only wood. Tor Ola Briskeby’s house in Lunner municipality is scheduled to be finished by Christmas. Photo: MARIT SIRUM-EIKRE / news Nevertheless, Briskeby is unsure whether he will get anything out of the prices going down. Since the house will soon be finished, he wonders if it’s too late. Still, there’s one thing that says, garage? – We will see how much prices go down, Briskeby suffered. Prices going down – People believe that lumber prices are much higher than they actually are. We have just conducted a market study which shows that timber prices have fallen sharply recently, says Heidi Finstad, CEO of Treindustrien. She says there is an average price drop of 23 percent for timber from producers to dealers. It can be chains such as Maxbo or Byggmakker. Heidi Finstad, CEO of Treindustrien, does not think prices will be as low as before the pandemic. Photo: MARIT SIRUM-EIKRE / news The recent figures from the wood industry show that the price has fallen from August last year to June this year. The reason why prices are falling again is that more is being produced and demand is less than during the pandemic. Afraid there will be a stop for the company Byggmeister and daily camper in Byggservice Innlandet, Dag Robert Larsson has been responsible for the construction of Tor Ola Briskeby’s house. Also informed that prices have fallen. – Last year was a special year with very high inflation, he says. Larsson thinks it was time for prices to go down, yet he is unsure whether the increase came too late. – I have received two cancellations for two new houses due to the prices being too high. Builder and daily leader in Byggservice Innlandet, Dag Robert Larsson, was afraid that the high prices would put a stop to the company. Photo: MARIT SIRUM-EIKRE / news If prices had remained high, he is afraid it would have stopped the company. – Both electricity prices, fuel prices and interest rates, everything affects. So new buildings may be more difficult to sell after a quarter, he says and adds: – I hope prices go down more. Will not be as low as before the pandemic The wood products industry delivers material to retailers, and several large construction product chains warn that they too have lowered their prices. – We do not believe that lumber prices will come down to the 2020 level again, says Kjell Vidar Dokken, CEO, Byggmakker Handel. Kjell Vidar Dokken, CEO, Byggmakker Handel together with colleague Edip Demir. Photo: MARIT SIRUM-EIKRE / news He explains that lumber has been affordable in Norway and that we now have to get used to a stable but higher level than before. Finstad in the wood industry also does not believe that prices will return to the level before the pandemic. – I do not think that will happen either. This is due to the fact that demand for wood-based building materials is increasing internationally, says Finstad.
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Fall in building prices again – news Norway – Overview of news from different parts of the country
