NAHB: Volatile lumber prices add more than $14,000 to new home construction

Industry News

istock.com/D. Lentz The National Association of Home Builders recently reported that the unstable cost of lumber has added on average more than $14,000 to newly-built single-family homes. Citing a recent Department of Housing and Urban Development/U.S. Census Bureau Rental Finance Survey, NAHB says that the $14,345 cost translates in multifamily construction to $51 a month…

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