Material Shortage At All-Time High
“Shortages of materials are now more widespread than at any at any time since NAHB began tracking the issue in the 1990s, with more than 90% of builders reporting shortages of appliances, framing lumber and OSB. Exactly 90% said there was a shortage of plywood, and nearly as many respondents (87%) said there was a shortage of of windows and doors, according to a May 2021 survey for the NAHB/Wells Fargo Housing Market Index (HMI).”