Tag Archives: lumber

Prices for home construction materials dip for first time in 2021

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Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome. Continue reading →

‘Dire days lie ahead’: The impact of COVID-19 and wildfires on housing

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The recent onslaught of wildfires and accompanying smoke blanketing many states are combining with the pandemic with deadly results. It is not just personal health that is being affected — there are significant implications for real estate as well. Continue reading →

What on earth is going on with lumber prices?

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Even though lumber prices have ticked down a bit recently, they’re still drastically up from where they were last year. So, what’s happening? Here’s a breakdown. Continue reading →

Police called to Home Depot to stop an exorcism in the lumber aisle

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On Facebook, the Dickson City Police Department posted that the people who were attempting the exorcism were escorted out of the Home Depot. Continue reading →

Inman Handbook on new-home sales

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New-home sales illuminate the health of the market and where it might be heading in the near-term. As agents grapple with tight inventory, they’ll want to keep an eye on the data. Continue reading →

Construction spending rises again in April as lumber costs climb

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Residential construction spending continued to grow in April, rising 1.3 percent month over month for new single-family builds, according to a June 1 report from the U.S. Census Bureau. Continue reading →

After stellar March, new-home sales reverse course, dip 6% in April

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The decline follows a record month for new-home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau. Continue reading →

Timber may soon follow lumber in upward price trend

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Pandemic-fueled housing demand is finally beginning to catch up with years of oversupply in the timber industry that resulted from the 2008 financial crisis. Continue reading →

Bubble trouble: 4 stats that’ll give you hope (and 4 that won’t)

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There are signs of trouble, but vaccinations are up, spending on home construction is up, and overall, there’s reason to believe the market will improve. Continue reading →