Tag: economics

Softwood Lumber Outlook for 2018 Shaped by Wildfires, Tariffs

Filed in Business Management, Economics by on January 4, 2018 4 Comments
Softwood Lumber Outlook for 2018 Shaped by Wildfires, Tariffs

Prices closed out 2017 at or near record highs in most areas of the country, making the average price for the year the highest in the last 20 years. What’s in store for 2018 is likely more of the same.

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2018 Could Bring More of the Same: Tight Labor and Costly Materials

Filed in Economics by on December 14, 2017 0 Comments
2018 Could Bring More of the Same: Tight Labor and Costly Materials

NAHB Chief Economist Robert Dietz provides a brief summary of the challenges builders faced in 2017, and describes the impacts of hefty tariffs on Canadian softwood lumber.

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How Construction Costs, Lot Prices Impacted Sales in 2017

Filed in Economics, Home Building by on December 11, 2017 1 Comment
How Construction Costs, Lot Prices Impacted Sales in 2017

According to a recent NAHB survey of home builders, construction costs account for 55.6% of the final sales price of the average new home.

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Has the Labor Shortage Reached ‘Crisis’ Status?

Has the Labor Shortage Reached ‘Crisis’ Status?

It’s been more than 10 years since there were this many unfilled construction jobs. And according to NAHB Chief Economist Robert Dietz, the labor situation is likely to worsen in the months ahead.

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Will Lumber Prices Surge in Hurricanes’ Wake?

Will Lumber Prices Surge in Hurricanes’ Wake?

It’s too early to tell exactly how much of an impact hurricanes Harvey and Irma will have on the prices for lumber and other building materials, especially as other factors such as wildfires and duties are still uncertain. But history suggests there will at least be a noticeable impact in the storm-affected regions.

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