04 Mar Lumber Prices 2021: Why is Lumber So Expensive?
Lumber Prices 2021: Why is Lumber So Expensive? The robust economy over the last several years has driven the real estate market and ultimately new home construction. In 2020 the world suddenly saw people spending more time in their living spaces than ever before with plans canceled, offices closed and lockdowns in place. As we spent more time at home, many realized they needed more space and decided to build. This is true nowhere more than the United States. With increased motivation coupled with low interest rates, the year saw a lot of demand in the home builder industry, but there have...