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Prices for lumber have increased dramatically

The National Association of Homebuilders has estimated that the price for lumber right now is going to add at least $24,000 to the price of a new single-family home.

CORPUS CHRISTI, Texas — US wood production just hit a 13-year high, but the bad news is prices for wood are up some 170-percent since the coronavirus pandemic began.

While lumberyards are turning out wood at record rates, they are still months behind on orders. And on top of that -- prices have gone through the roof for wood. 

"A lot of them are not going to be canceling they’re going to keep going and they’re going to figure out a way to make it work steel studs on the interior maybe some concrete block on the outside," Bryan Bracht with Builders First Source said. 


The National Association of Homebuilders has estimated that the price for lumber right now is going to add at least $24,000 to the price of a new single-family home.

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