Widespread shortage of key building materials sends online auction prices skyrocketing

Other auctions have offers of $6050 for 50 drywall sheets, $2669 for 18 sheets and $1210 for 10 sheets – all at least three times the retail price.

Trade Me market manager Lisa Steward said there was “no doubt” the website’s construction and renovation section was feeling the effects of supply chain shortages.

Steward said that in the building materials category, the average selling price in February was up 27% year-on-year.

“In February, we saw a 7% year-over-year increase in registrations in the on-site building materials category,” Steward said.

“However, we actually saw a slight decrease in the number of items sold in the building materials category last month, down 2% from February 2021.

“If we zoom into the panel and plank category, last month we saw a 49% increase in the number of items sold compared to February 2021.”

Steward said Trade Me is currently seeing increased demand for onsite plasterboard, with listing views in the plasterboard category tending to be higher than any other onsite category.

Combined Building Supplies Co-Coperative chairman Carl Taylor told RNZ in February the delays were the result of increased demand as residential building permits hit record highs, a labor shortage labor needed to craft materials and a shortage of materials needed to craft specific buildings. some products.

Taylor singled out GIB plasterboard, saying its lead time is now up to May or June.

“If we can’t get the materials, we can’t work, plain and simple,” he said.

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