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Metro East REIA

Softwood Lumber Prices Surge in September

According to the NAHB’s Eye on Housing (using recent data from the Bureau of Labor Statistics), Softwood Lumber prices have surged a record 29% in September, pushing building materials up 4.4% in 2020.  They report that higher lumber prices have added nearly $16k to the price of an average new single-family home since mid-April. Continue reading HERE...

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