Tag: lumber prices

Why Builder Lumber Prices Remain Higher than Headlines Suggest

Why Builder Lumber Prices Remain Higher than Headlines Suggest

While the price of framing lumber has dropped roughly 50% over the past seven weeks according to Random Lengths, prices paid by builders have declined by a fraction of that amount. The disconnect — which has always existed — is inherent to the lumber supply chain. Learn why when lumber market prices drop sharply there can be a long lag time before these full price reductions trickle down to builders and why higher prices reach builders with a much smaller lag time when the price of lumber increases.

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Building Alternatives to Help Navigate Elevated Lumber Prices

Filed in Committees and Councils, Material Costs by on June 25, 2021 4 Comments
Building Alternatives to Help Navigate Elevated Lumber Prices

As lumber prices remain higher than normal, builders may be eyeing alternatives to wood and different construction methods to help mitigate the impact material costs and supply-chain disruptions are having on their businesses. Members and partners of NAHB’s Building Systems Councils have recently been spotlighted for their impact and innovations in the home-building industry, including updates to modular construction processes and resilient building materials, which could provide potential solutions.

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Podcast: Mill Owner Discusses Lumber Prices, Tariffs and Sustainability

Filed in Housing Affordability, Material Costs by on June 1, 2021 2 Comments
Podcast: Mill Owner Discusses Lumber Prices, Tariffs and Sustainability

On the latest episode of NAHB’s Housing Developments podcast, hosts CEO Jerry Howard and Chief Lobbyist Jim Tobin talk with Ross Stock, general manager of Western Cascade Industries, a lumber mill in Toledo, Ore.

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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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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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Two Upcoming Webinars Explore Alternatives to Lumber in Home Building

Filed in Advocacy, Education, Material Costs by on April 28, 2021 9 Comments
Two Upcoming Webinars Explore Alternatives to Lumber in Home Building

With the price of lumber reaching all-time highs and no immediate relief in sight, NAHB Education has scheduled two free webinars that will explore alternatives to wood-framed homes.

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Skyrocketing Lumber Prices Add Nearly $36,000 to the Price of a New Home

Skyrocketing Lumber Prices Add Nearly $36,000 to the Price of a New Home

Soaring lumber prices that have tripled over the past 12 months has caused the price of an average new single-family home to increase by $35,872, according to new analysis by the NAHB Economics team. This lumber price hike has also added nearly $13,000 to the market value of an average new multifamily home, which translates into households paying $119 a month more to rent a new apartment.

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How Builders are Dealing with Rising Lumber Prices

How Builders are Dealing with Rising Lumber Prices

NAHB recently asked builders about their reactions to the rising and volatile lumber prices in its April 2021 survey for the NAHB/Wells Fargo Housing Market Index (HMI).

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Podcast: Emerging Legislation That Could Impact Housing

Filed in Advocacy, Material Costs, Workforce Development by on April 21, 2021 0 Comments
Podcast: Emerging Legislation That Could Impact Housing

On the latest episode of NAHB’s Housing Developments podcast, CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss some of the legislation that Congress is likely to consider this session, including the full Low Income Housing Tax Credit bill that NAHB has championed, the fate of the filibuster, immigration and a possible expansion of the Supreme Court.

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Critical Home Repairs Delayed Because of Sky-High Lumber Prices

Filed in Advocacy, Material Costs, Remodeling by on March 26, 2021 25 Comments
Critical Home Repairs Delayed Because of Sky-High Lumber Prices

As lumber prices remain sky high, home-building activities continue to suffer across all aspects of the industry — including remodeling projects. Cost increases have had an impact on home owners across the board, from those in need of critical assistance to those who have been planning projects for years.

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