Material Costs

Podcast: Mill Owner Discusses Lumber Crisis, Possible Solutions

Filed in Material Costs by on May 21, 2021 4 Comments
Podcast: Mill Owner Discusses Lumber Crisis, Possible Solutions

NAHB talks with Alden Robbins, VP of sales for Robbins Lumber in Maine, about the lumber crisis and associated fallout for the home building industry. Tune in to hear straight from a lumber producer about why lumber is so expensive, and when and how the industry might see some relief.

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Construction Cools as Costs Climb

Filed in Economics, Material Costs by on May 18, 2021 7 Comments
Construction Cools as Costs Climb

Housing production fell in April due to the increased costs of building materials that have priced out potential home buyers. Overall housing starts decreased 9.5% to a seasonally adjusted annual rate of 1.57 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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Building Materials Top Housing Concerns

Filed in Economics, Material Costs, Trends by on May 17, 2021 18 Comments
Building Materials Top Housing Concerns

Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber.

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Lawmakers Urge Action on Lumber; U.S. Trade Rep. to “Push for Solutions to the Lumber Pricing Issues”

Lawmakers Urge Action on Lumber; U.S. Trade Rep. to “Push for Solutions to the Lumber Pricing Issues”

Members of Congress and the Biden administration are heeding the concerns of NAHB and its grassroots on the need to take action to resolve soaring lumber prices, supply shortages and tariffs that are hurting home builders, home buyers, the housing sector and the economy.

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Record-High Prices on All Building Materials Threaten Housing Affordability

Record-High Prices on All Building Materials Threaten Housing Affordability

It’s not just lumber. The rapidly rising prices for other heavily relied upon building materials – like steel, concrete and gypsum products – are causing widespread concerns throughout the housing industry.

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Commerce Secretary Pledges to Make Lumber a Priority

Filed in Advocacy, Material Costs by on May 7, 2021 5 Comments
Commerce Secretary Pledges to Make Lumber a Priority

NAHB’s grassroots efforts urging the Biden administration and Congress to address the growing problem of rising lumber and material prices along with supply shortages is showing results. Responding to a request by Rep. Robert Aderholt (R-Ala.) to make rising lumber prices and production issues a priority during a May 6 House Appropriations subcommittee hearing, Commerce Secretary Gina Raimondo responded, “I promise you I will.”

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Regulatory Costs Add a Whopping $93,870 to New Home Prices

Regulatory Costs Add a Whopping $93,870 to New Home Prices

Regulations imposed by all levels of government account for $93,870, or 23.8% of the current average sales price ($397,300) of a new single-family home, according to a new study by NAHB.

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Collaboration Between Builders and Appraisers Key to Navigating Rising Lumber Prices, Freddie Mac Says

Filed in Advocacy, Housing Finance, Material Costs by on May 3, 2021 9 Comments
Collaboration Between Builders and Appraisers Key to Navigating Rising Lumber Prices, Freddie Mac Says

As lumber prices continue to rise, home builders face challenges selling homes that accurately reflect the increased costs of construction. Collaboration between builders and appraisers can help mitigate issues.

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NAHB Undercuts Lumber Coalition Arguments

Filed in Advocacy, Housing Affordability, Material Costs by on April 30, 2021 2 Comments
NAHB Undercuts Lumber Coalition Arguments

NAHB responded to a recent article by the U.S. Lumber Coalition appearing in Woodworking Network that attacked the association’s stance on lumber prices and import duties. In a forceful rebuttal, NAHB sets the record straight. 

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NAHB Continues to Engage the Administration, Congress on Lumber

Filed in Advocacy, Housing Affordability, Material Costs by on April 30, 2021 4 Comments
NAHB Continues to Engage the Administration, Congress on Lumber

NAHB CEO Jerry Howard and senior NAHB staff on April 29 held a productive virtual meeting with White House staff from the Domestic Policy Council, National Economic Council and the Office of the Vice President.

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