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Solving the Lumber Crisis

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Lumber prices have been especially volatile in the wake of the COVID-19 pandemic due to increased demand and supply-side constraints. The unprecedented spikes in lumber prices have added nearly $36,000 to the average price of a new single-family home, and nearly $13,000 to the price of a multifamily home since April 2020. Although the housing sector continues to be a leader in the nation’s economic recovery, these sharp price increases threaten housing affordability for all Americans.

The escalating lumber prices are largely due to insufficient domestic production and extremely large lumber mill curtailments that lasted well into the 2020 building season. NAHB has reached out extensively to the Biden administration and other government officials calling for prompt action. During a recent House Appropriations subcommittee hearing, Commerce Secretary Gina Raimondo acknowledged the issues surrounding lumber and promised to take action.

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NAHB Members Urge Congress to Act

Members briefed federal lawmakers on the lumber crisis during the Federation’s Bringing Housing Home® in-district Legislative Conference, May 3-7.

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Options for Builders

NAHB offers tools and resources to help builders navigate the lumber price crisis.

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Framing Lumber Prices

See an overview of weekly price changes in the framing lumber market.

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Outreach to Lawmakers

See how NAHB is addressing concerns to the Biden administration and Congress.

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Impact of Lumber Tariffs

Learn how tariffs on lumber imports act as a tax on American home builders and buyers.

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Lumber Headlines

Read about NAHB's efforts through the local, national and international news media.

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Share Your Experience

Tell NAHB how lumber prices and availability are affecting your business.

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