Lumber Prices To Drop Following Historic Highs
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Business
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University
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Hard
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Lumber prices, which have significantly increased the cost of new homes, are projected to decrease by 42% in July from their peak in May. This surge had previously added approximately $35,000 to the price of a new home, as reported by the National Association of Home Builders.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the good news mentioned regarding lumber prices?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
According to the National Association of Home Builders, what is the significance of the lumber price changes?
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OFF
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