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June 20, 2018

Booming costs for US homebuilding due to lumber tariffs

Last week, Robert Dietz, chief economist for the National Association of Home Builders, addressed attendees at the National Association of Real Estate Editors conference in Las Vegas about current issues that the homebuilding industry is facing amidst the longstanding inventory shortage.  One question the industry is faced with, especially while housing inventory remains low, is why hasn’t there been a larger response from the homebuilding industry and more single-family homes added to the market?  Dietz said that during the last few years he has attributed this to supply-side headwinds, multiple factors that he ...

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