Lumber prices rise again, impacting home affordability

Lumber prices hit another record high last week, with the price having risen now by more than 170% in the last 10 months, according to a report by the National Association of Home Builders. That’s bad news for buyers, as home builders have responded by increasing the prices of new homes. The soaring cost of

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Building Costs Rise Due To Lot Shortages

Homebuilders who did not buy up land during the housing downturn are facing much higher costs today — and that may get passed on to home buyers.

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