Live Breaking News & Updates on Godwin Residential Construction
Stay updated with breaking news from Godwin residential construction. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Justin SullivanGetty Images If you re thinking of buying a new home in the near future, you might want to hold off. The price of lumber has tripled within the last 12 months, according to an analysis published last month from the National Association of Home Builders. Due to the material s significance in residential construction, the price of the average new single-family home is also on the rise, too. Within the past year, the price of a new single-family home has increased by $35,872, per NAHB s report. What s even more startling is how quickly this number has climbed. Last August, the association reported that rising lumber prices lead to a $16,000 average increase in the price of a new home. Assessed again in February 2021, it was reported that roughly $24,000 extra was being tacked on to the price of a home. ....
Issue 1 Round Table: Everything You Should Know About Building (or Renovating!) a Home housebeautiful.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from housebeautiful.com Daily Mail and Mail on Sunday newspapers.