Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
New single-family houses over $14,000 in US due to volatile lumber prices
Posted on August 1, 2022 |
- In July, on average single-family houses, the cost for softwood lumber products grew by 74% to $29,407, and 81% to $10,734 in an average multifamily home.
- Construction loan interest, brokers’ fees, and margins increase home buyers' prices, which will increase the final home price by 14.94% higher than the builder’s cost.
Image: LBM journal