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Following a few months of moderating prices last spring and summer, lumber prices are soaring once again, disrupting the housing market and harming housing affordability.
Following a few months of moderating prices last spring and summer, lumber prices are soaring once again, disrupting the housing market and harming housing affordability.
The 2,769-square-foot, single-level, three-bedroom, three-bath home also benefits from the inherent insulating value of the ICF system. By design, the lightweight, interlocking blocks serve as both the poured concrete forms for the home’s perimeter walls and provide 2½ inches of expanded polystyrene (EPS) foam to insulate the interior and exterior walls, respectively—an overall thermal value of R-26, or about 58% more efficient than a wood-framed wall. The system also serves as an air barrier and vapor retarder, eliminating the need—and cost and time—to purchase and install those pro...
Comments Lumber prices have increased more than 180 percent since last spring, and this price spike has caused the price of an average new single-family home to increase by $24,386 since April 17, 2020, according to the NAHB standard estimates of lumber used to build the average home. The market value of the average new multifamily home has increased by $8,998 over the same period due to the surge in lumber prices, according to http://nahbnow.com Random Lengths reported the price of framing lumber at more than $975 per thousand board feet. That is a 180 percent increase since last April when ...