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In the last six months average lumber prices have ranged from $475 to $625 per thousand board feet, about one-third the peak in 2021. Trump has threatened to add 25% tariffs on goods from Mexico ...
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory. Spot lumber prices have plummeted ...
Rising costs and shortages of building materials and labor are rippling across the homebuilding industry, which accounted for nearly 12% of all U.S. home sales in July.
The initial economic cost of building materials is the purchase price. This is often what governs decision making about what materials to use. Sometimes people take into consideration the energy savings or durability of the materials and see the value of paying a higher initial cost in return for a lower lifetime cost.
Unsourced material may be challenged and removed. Find sources: "List of most expensive buildings" – news · newspapers · books · scholar · JSTOR ( February 2015 ) ( Learn how and when to remove this message )
Engineering News-Record, as a service to its readers, compiles and publishes an extensive amount of data on building material prices and construction labor costs. Each month it publishes prices for 67 different building materials, in each of 20 major U.S. cities.
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