Page 7 - வீடு பேச்சாளர் டேவிட் ரால்ஸ்டன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(The Center Square) – A spike in lumber prices has compounded the state s housing crisis, Georgia housing advocates said. The price of lumber increased by 300% this spring compared with the same time last year, reports show. The building material reached an all-time high of $1,515 per thousand board feet on May 28. The price of oriented strand board, which is most often used for sheathing, has increased by 400% since last spring. House Builders Association of Georgia Vice President Austin Hackney said the price increases have added nearly $36,000 since April 2020 to the price of an average new single-family home and nearly $13,000 to a new multifamily unit s market value.

United statesDavid ralstonMarcus wiedowerAustin hackneyGeorgia house working groupCenter squareGeorgia association of realtorsHouse builders association of georgia viceNational association of home buildersBuilders associationGeorgia vice president austin hackneyRising costsConstruction materialsHouse speaker david ralstonR blue ridgeNational association