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They’ve [lumber prices] never been this high," CEO of the National Association of Home Builders Jerry Howard told FOX Television Stations Wednesday. "Right now, lumber prices are up over $1,400 ...
According to the association, lumber prices have tripled over the past 12 months. That caused the price of an average new single-family home to increase by $35,872. RELATED: Building industry ...
While many businesses have slowed during the COVID-19 pandemic, the home-building industry has seen a boom — but it could be at risk due to a lumber shortage that has triggered skyrocketing ...