NAHB Keeps Lumber Prices in the Headlines

Advocacy
Contact: Alex Strong
[email protected]
Senior Director, Federal Legislative
(202) 266-8279

Prices of lumber and other wood products used in residential construction have been especially volatile in the wake of the COVID pandemic. Similarly, persistent disruptions in the building materials supply chain continue to cause significant construction delays and exacerbate housing affordability.

NAHB continues to seek prompt action from the Biden administration and other lawmakers by calling on domestic lumber producers to ramp up production to ease growing shortages, as well as removing trade barriers and seeking solutions to port congestion, and truck and rail transportation delays.

Recent Lumber- and Supply Chain-Related News Coverage

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Spectrum News: ‘It’s very frustrating’: Home builders struggle with supply chain issues
NAHB CEO Jerry Howard is quoted.

Bloomberg: Lumber Sinks for Seventh Day as Lofty Prices Cancel Home Builds
NAHB Senior Economist David Logan is quoted.

MarketWatch: Volatility of lumber prices hits high not seen since end of World War II — why home buyers should be concerned
NAHB Chief Economist Rob Dietz is quoted.

Business Insider: Home builders are desperate for quick and inexpensive materials, so they’re turning to Home Depot and Congress for help
NAHB Chief Economist Rob Dietz is quoted.

Fox Business, Varney & Co.
NAHB CEO Jerry Howard was interviewed.

CNBC: Homebuilder confidence drops for the first time in four months, as inflation hits materials
NAHB Chairman Chuck Fowke and NAHB Chief Economist Rob Dietz are quoted.

Seattle Times: Tariffs on Canadian lumber are driving up home prices
NAHB Chairman Chuck Fowke’s op-ed was published.

Mortgage News Daily Lumber Prices Soaring Again
NAHB Chairman Chuck Fowke is quoted.

Washington Post.com: Experts predict what the 2022 housing market will bring
NAHB Chief Economist Rob Dietz is quoted.

USA Today: Will there be a housing market correction in 2022 after two years of ‘hyper-growth’?
NAHB Chief Economist Rob Dietz is quoted. See attached.

Realtor.com: Lumber Prices Add More Than $18,600 to Price of New Home
NAHB data is mentioned.

Motley Fool: Is the Christmas Tree Shortage a Bad Sign for Homebuilding?
NAHB data is mentioned.

Forbes: 2021 Was One Of The Best—And One Of The Toughest—Years For Housing. 2022 Will Not Be So Different
NAHB data is mentioned.

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