Why the war in Ukraine will see the cost of building a new home rise


Builder Sonny Fulton has had a tough 18 months.Despite being in the middle of a building boom and working harder than ever before, his Rockhampton business is losing money.”This is a profitless boom,” he said.The cost of building a new home rose by 20 per cent in 2021 due to material shortages, disrupted supply chains and…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Home prices fell for the 7th straight month
Pending home sales squeezed out a tiny gain in February, as mortgage rates jumped
Over 50% of construction starts faltered during February, according to report
March log market report
Finns launch hybrid construction R&D project