Skyrocketing lumber prices add $36,000 to new home costs

U.S. lumber prices have tripled over the past 12 months, according to the National Association of Home Builders (NAHB). Covid-19 shutdowns last year reportedly interrupted lumber supplies, causing prices to skyrocket. Many mills reduced production last spring due to stay-at-home orders and social distancing measures enacted by state and local governments at the onset of […]

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