October 8, 2024

AndronETalksNews

AndronETalksNews

Lumber Prices Drop Below $1,000 After Skyrocketing to ‘Nosebleed’ Highs in May

Epoch Times

BY TOM OZIMEK
 
June 15, 2021 Updated: June 15, 2021
 
Lumber prices have continued to decline after soaring by around 300 percent over the year in May, when they hit record highs and added around $36,000 to the cost of an average new single-family home.