Hadn't considered buying new -- was thinking of reloading.
But man, that's expensive. Sounds like it'd come out to be more expensive than just buying new...
Yes, buy new ammo, IF YOU CAN FIND IT. The cheap plinking stuff is way overpriced. The good purpose designed ammo is available for a price not a whole bunch more than the designed to be cheap stuff that is not cheap anymore. Reloading components are inflated as well but still available with rigorous searching.
I've been watching for small rifle primers for a month or so. Finally found one brick Monday. Another half brick limit for 500 more. Twice the price from last year before the bubble. So I got 1500. I need at least 10,000. I got a bunch of goods on backorders.
Reloading is the future. None of the ammo manufactures are investing in higher production rates to address the bubble as yet. It means ammo on the shelves will be in short supply for a long time for the most desired calibers.
I see nothing on the horizon to pop the bubble. Prices will not be dropping unless and until the manufacturers invest in more production equipment to increase supply substantially.