New home prices are likely to rise again as the cost of lumber is accelerating once more. The rising price of lumber will likely add thousands of dollars to the price of new homes as it’s the single most important building material used in the development of most properties. Lumber prices are said to be
Whats Next with Lumber Tariffs
August 23, 2019 by
If you’re a bit of a news hound, you’re hearing quite a bit about U.S. tariffs on Chinese manufactured goods. But what about the tariff on Canadian lumber? Back in May of this year, President Trump announced lifting aluminum and steel tariffs on Canada and Mexico. But he said nothing about lifting the Canadian lumber
Lumber prices, labor shortages and growing regulations hold back construction
June 27, 2018 by
A staggering 90 percent of home builders say the affordability of new properties is being hampered by rising lumber prices.
Home builders confidence declines as construction costs increase
July 19, 2017 by
Home builder confidence declined in July due to concerns over construction material costs