Home construction is down for single family homes 13.4%
Lumber this month hit an all-time high of $1,686 per thousand board feet, having surged by 406% from the $333 per thousand board feet it was trading at the same time a year ago and by 438% percent from its price five years ago.
Builders have had to deal with surging costs and unreliable supplies that they say now add as much as $36,000 to the price of a new home (average)
https://www.msn.com/en-us/news/politics/should-joe-biden-worry-about-soaring-lumber-prices/ar-BB1gOErp?ocid=BingNewsSearch
