Lumber Prices on the Rise Again; Reflect in Home Prices
Jan 11th, 2022
Falling lumber prices have rebounded and the associated ripple effects are following suit. The National Association of Homebuilders (NAHB) reports new home prices have increased more than $18,000, as lumber prices have tripled in the last four months. The increase “also added nearly $7,300 to the market value of the average new multifamily home,” which […]
