Is the ‘lumber bubble’ finally bursting? – Chicago Agent Magazine National News

Industry News

Last month, lumber prices fell more than 12% — reflecting a larger trend. Since the onset of the pandemic, lumber inflation has been emblematic of widespread supply-chain woes. With the price of wood soaring to record highs, both homebuilders and homebuyers have felt the constraints. According to the National Association of Home Builders, lumber inflation…

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