Home-building costs rise at ‘unprecedented rate,’ Bank of America says. These materials are proving particularly expensive

LBM Daily News
International

House prices have been ballistic over the last two years, in part due to a big shortage in housing materials. A new report lays out what elements actually go into building a home, highlighting how complicated — and expensive — the process can get. “In the last three years, the cost to build a home…

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

Articles You May Like

Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears
How politics has subverted conservation efforts to protect Kenya’s Mau Forest
U.S. housing starts weaken in July as market slowdown continues: NAHB
Lumber Futures – August 15, 2022
Stock market news live updates: Stock futures slump as China’s economy lags