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NAHB urges Biden to address timber and sourcing constraints.

11/26/2021

With builders continuing to grapple with lumber price swings and building material supply chain disruptions, NAHB sent a letter to President Biden on Oct.

 

NAHB urging the White House to take the following actions: 

“Redouble its efforts to address lumber price volatility, which has seen cash prices climb by more than 25% over the past month.”

“Address supply chain bottlenecks for lumber and other building materials and supplies that are causing significant delays and keeping home prices about 20% higher than they were a year ago.”

“Return to the negotiating table with Canada and develop a new softwood lumber agreement that will end tariffs on lumber shipments into the United States.”

View NAHB’s letter to President Biden.

Source: National Association of Home Builders

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