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Home » Rising Lumber Duties Could Drive Home Prices Even Higher
Rising Lumber Duties Could Drive Home Prices Even Higher
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Rising Lumber Duties Could Drive Home Prices Even Higher

News RoomBy News RoomMay 21, 20250 ViewsNo Comments
Kim Kuperkova / Shutterstock.com

In a housing market already plagued by affordability issues, a looming threat is emerging that could push the American dream of homeownership even further out of reach for millions: rising lumber duties. The U.S. housing market is facing renewed pressure as lumber prices surge dramatically. According to the Bureau of Labor Statistics, softwood lumber prices rose 23% year over year in April…

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