Building a Home in the U.S. Has Never Been More Expensive
“From lumber to paint to concrete, the cost of almost every single item that goes into building a house in the U.S. is soaring. In some cases, the price increases have...
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...
Lumber Prices Are Hurting Apartment Builders
“Material costs included in new multifamily construction are up 25% to 30% over the past year, according to CoStar. That increase—not just in prices for lumber but for other commodities like...
