Lumber Shortage is Pushing New Home Construction Costs to Skyrocket
A widespread lumber shortage is pushing the cost of new home construction up.
home construction
U.S. Home Construction Climbed 5.7% in April
Housing permits, an indicator of future activity, rose 0.6% to 1.3 million, the first uptick since December.
U.S. Home Construction Slips 0.3% in March
Economists noted that severe weather in the Midwest might have stifled housing starts.