Seattle Times Highlights NAHB’s Opposition to Lumber Tariffs
The Seattle Times has published an editorial by NAHB Chairman Chuck Fowke that lays out a strong case against tariffs on Canadian lumber shipments into the United States that are fueling lumber price volatility and harming housing affordability.
Under the headline, “Tariffs on Canadian Lumber are Driving Up Home Prices,” Fowke lays out a strong case on how the Commerce Department’s recent move to double tariffs on Canadian lumber from 9% to 17.9% has effectively delivered a body blow to American home buyers, renters and businesses that rely on lumber products.
He further cites the reasons for the latest lumber price surge and provides specific actions that policymakers need to take to reduce price volatility and increase supply.
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According to the most recent NAHB member census, nearly two-fifths (38%) of NAHB Builder members earned between $1 million and $5 million in total revenue in 2025.
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Residential building material prices, excluding energy, rose 0.2% in August and were up 5.1% from a year ago. Energy prices rose sharply in August, as prices for energy inputs to residential construction rose 6.6% over the month.
Mortgage application activity continued to decline in August as elevated US treasury yields pushed mortgage rates higher. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, declined 3.2% month-over-month in August on a seasonally adjusted basis, marking the sixth consecutive monthly decline.
The National Association of Home Builders (NAHB) conducts an annual census to better understand the composition and characteristics of its members. In 2025, 35% of NAHB’s membership was comprised of builder members—single-family and multifamily builders, residential and commercial remodelers, commercial builders, land developers, and manufacturers of modular/panelized/log homes.