Building Materials What Saw Mills Experienced During Lumber Price Spikes and Why Remodeling, DIY, and home building demand pushed lumber prices to new heights this past year, and it might make sense to believe lumber...
New-Home Sales Interest in New Homes Falls, High Prices Likely to Blame Fewer prospective buyers are looking to purchase a newly constructed home, likely a result from ongoing price increases, says the National...
Construction What Does a Drop in Building Permits Mean for Future Construction? Data released this week from the U.S. Census Bureau point toward a slowdown for new-home construction. CNBC reports that single family...
Market Data + Trends Strong Buyer Demand Offsets Persistent Material Challenges Building material costs continue to push construction and home costs up, but high homebuyer demand offsets many challenges builders face...
Building Materials Why Buyers Won’t Find Relief in Lower Lumber Prices Homebuyers will not see lower home prices due to dropping lumber prices because it’s just one factor among many others causing builders to...
Building Materials Other Building Materials Keep Costs Up as Lumber Prices Fall The National Association of Home Builders estimated the cost of lumber added $35,872 to the cost of a new single-family home back in April....
Economics Will New Lumber Prices Lower Home Prices? Now that lumber prices have fallen near pre-pandemic levels, the cost of constructing an average single-family home is now cheaper, but...
Building Materials OSB Costs 500% More Since 2020 While the country’s eyes and ears were locked onto the changes of lumber prices, other building material costs shot up, such as oriented...
Building Materials Lumber Prices Drop 21% in Five Days—When Will it Normalize? In just five days, the price of lumber fell 21% to $642 per thousand board feet. Lumber prices hit a record high on May 7 at the price of $1...
Sustainability Home Construction Using ICFs: Building for Sustainability, One Block at a Time The 2021 Sustainable, Healthier Home kicks off with a cost- and labor-efficient structural system: using insulated concrete forms