Despite Inflation, Disruptions, NH Homebuilders ‘Sprinting’
Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for some homebuilders. Rising costs and shortages of building materials and labor are rippling across the...Lots of Lots Are Coming … Eventually
Home builders are running out of buildable home sites. Relief is on the way – just not soon. The current inventory of vacant developed lots is at its lowest level since the Zonda market research firm began tracking it in 2015. They’re “disappearing … faster...
Raimondo ‘Committed’ to Fixing Lumber Supply Chain Issues
Following a meeting with senior leaders from the National Association of Home Builders, Commerce Secretary Gina Raimondo said Friday she was “committed” to finding ways the federal government could help alleviate a severe shortage of lumber in the U.S....
Skyrocketing Lumber Prices Add $36K to New Home Prices
The ongoing spike in lumber prices is dramatically increasing the cost of new-construction single-family homes, the National Association of Home Builders reports. Lumber prices have tripled over the past 12 months, adding $35,872 to the price of the average...This Week’s Paper: Digital Edition
