Opinion: Will lower lumber prices offset rising rates?

Industry News

High lumber prices are often blamed for high home prices. I recently saw a $60k home price reduction offered by a builder because “lumber prices have fallen…we are passing that savings to you.” That just doesn’t add up. In a blog post from January 4, the National Association of Home Builders said that the 167%…

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!
Senate passes debt ceiling deal, staving off default
Thousands of Nova Scotians under evacuation order as wildfire burns out of control
Higher Rates of AAPI Borrowers Denied Mortgages, But Why?
Rebar-tying robot slashes time on Wisconsin bridge project
Home Price Gains Slows to Levels Last Reported in 2016