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According to the National Association of Home Builders, rising lumber prices have added nearly $36,000 to the average price of a new single-family home.
A lumber shortage has sent home prices soaring
According to the National Association of Home Builders, rising lumber prices have added nearly $36,000 to the average price of a new single-family home. Author: Jaleesa Irizarry Updated: 5:49 PM MDT April 30, 2021
DENVER A lumber shortage has raised prices across the country, causing a ripple effect in businesses that heavily rely on wood.
According to the National Association of Home Builders, rising lumber prices have added nearly $36,000 to the average price of a new single-family home. If there is a hiccup here and a hiccup there, it creates a tidal wave over here, Rebekah DeLaMare, an executive officer for the Home Builders Association of Southwest Colorado said.
Regional Home Builders Association seeks to elevate economy together
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Through the quiet neighborhoods came the steady sound of a hammer, the sharp zing of a circular saw and laughter on a jobsite.
For a long time, it seemed unfair that the building industry pushed steadily on as “essential” while so many other businesses sustained closures. Work trucks owned the empty streets and the silence of our towns seemed deafening.