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May 10, 2021

US homebuilders pressure Biden Administration solve the lumber prices crisis

  US homebuilders are upping pressure on the Biden Administration to rein in lumber prices, which remain at historic highs.  The National Association of Home Builders (NAHB) CEO Jerry Howard and his senior staff met virtually last week with White House staff from the Domestic Policy Council, National Economic Council and the Office of the Vice President, the company said in a statement, in a far-ranging discussion that included mill capacity issues, mill worker shortages, and the impact of lumber prices on housing affordability crisis.  The recent spike in lumber prices has added nearly ...

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