Six Predictions For The Housing And Softwood Lumber Markets

52.00 ₦
Published date: 01/31/2025
  • Location: 2650, Wagga Wagga North, Nasarawa State , Nigeria

Many smaller initiatives had been additionally axed as constructing materials costs for items like dimensional lumber and plywood soared. On the flip aspect, professional-driven renovations have held regular and continue to pattern in a optimistic direction. Given these crosscurrents in R&R, what is the 2024 outlook for the category? As we stated last yr, it’s no shock that our view of the housing market largely dictates the demand outlook for lumber and other wood merchandise. New residential building and R&R combined account for купить пиломатериал от производителя roughly 70-80% of US wood merchandise demand. 12,966 to the market value of a median new multifamily home. 119 more a month to rent the typical new condo as a result of previous year’s surge in lumber prices, says Eye on Housing. Soaring materials prices create sticker shock for homeowners, builders and contractors.

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