Lumber prices skyrocketing, and taking home prices with them
Lumber prices skyrocketing, and taking home prices with them By Chris Joseph | April 15, 2021 at 6:16 PM EDT - Updated April 15 at 6:40 PM
COLUMBIA, S.C. (WIS) - Lumber is a crucial part of many homes, and a short supply is making those homes more expensive.
The National Association of Home Builders reports the price of lumber has climbed 180% since last spring.
Association data shows 1,000 board feet went from roughly $400 in June 2020 to $1,100 in April.
Leaders with the
In Richland and Lexington Counties, Consolidate Multiple Listing Service
data shows the median price of homes went from $189,900 in March 2020 to $218,000 a year later. That’s a 14.8% jump.