Six Predictions For The Housing And Softwood Lumber Markets
- Location: 3612, Kongsberg, Tennessee, United States
Many smaller tasks were additionally axed as building materials prices for gadgets like dimensional lumber and plywood soared. On the flip facet, skilled-driven renovations have held steady and continue to development in a constructive direction. Given these crosscurrents in R&R, what's the 2024 outlook for the class? As we acknowledged final 12 months, it’s no surprise that our view of the housing market largely dictates the demand пиломатериалы сергиев посад outlook for lumber and other wooden merchandise. New residential building and R&R combined account for roughly 70-eighty% of US wood merchandise demand. 12,966 to the market value of a mean new multifamily home. 119 extra a month to rent the common new residence because of the previous year’s surge in lumber prices, says Eye on Housing.
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