Sky High Lumber Prices are About Supply (and Demand) By Phil Crone, Executive Officer, Dallas Builders Association
Make no mistake, residential construction has largely thrived despite the COVID‑induced disruptions and despair that have crippled so many other industries. Fueled by record low mortgage rates and demand induced by the newfound importance of home, all of the ingredients are there for 2021 to set an all time regional record for housing starts. Significant …