by RealtyBizNews | Jul 9, 2021 | lumber costs, lumber prices, lumber supply chain, lumber wholesaler, lumber yard, new home prices, price of lumber, Real Estate News
Lumber prices have dropped like a stone in recent weeks following months of record highs, but builders are still waiting to see the benefits of that fall. Meanwhile, new home prices keep on rising. The high price of lumber has long been cited as one of the main...
by RealtyBizNews | Jun 21, 2021 | home builder confidence, home builder sentiment, lumber costs, lumber prices, Real Estate News, supply chains
Home builder sentiment has fallen to its lowest level since August 2020 due to rising construction costs pushing new home prices up. That has left some buyers sidelined while making it more difficult for builders to secure loans. The National Association of Home...
by RealtyBizNews | May 19, 2021 | Featured News, lumber costs, lumber prices, lumber tariffs, Real Estate News, rising lumber costs
Home builders say that the affordability of new homes will rest on the government’s ability to help reduce the cost of building materials such as lumber. The skyrocketing cost of lumber and other materials has pushed new home prices to record highs. At the end of...
by RealtyBizNews | Apr 26, 2021 | lumber costs, price escalation clause, Real Estate News, rising lumber costs, shared price clause
Home builders say they have adopted a range of tactics to try and protect themselves from the rising cost of lumber, which is perhaps the single-most important building material that goes into any new home. The price of lumber has risen dramatically over the last year...
by RealtyBizNews | Feb 19, 2021 | Featured News, lumber costs, lumber prices, lumber tariffs, new home prices, Real Estate News
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...
by RealtyBizNews | Nov 8, 2020 | lumber costs, new home prices, Real Estate News
The cost of new homes has been steadily climbing due to rising lumber prices, but a new report says that relief could now be on the way. That’s because lumber futures are showing signs of falling, according to builders recently surveyed by Zonda, a research firm...
