Spike in lumber prices boosts construction costs

Sep 4, 2020 |

The COVID-19 pandemic has caused lumber prices to skyrocket more than 160% since April after a spike in home renovation by cooped-up Americans, according to the National Association of Home Builders. Higher prices are adding about $16,000 to the cost of a new house, said Robert Dietz, NAHB’s chief economist. “As people started nesting in […more]

Posted in: San Francisco

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