Navigating the Lumber Price Crisis
Pro Builder
JUNE 18, 2021
Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by almost $36,000, according to analysis by the NAHB Economics team. In this method, the appraiser estimates what it would cost to rebuild or construct an equivalent structure. NAHB Focus on Lumber.
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