Lumber Prices

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Tariffs could raise the average cost of a single family home by $7,885: UBS
CNBC Television· 2025-08-01 19:21
Welcome back to the exchange. UBS estimating tariffs could raise the average cost of building a single family home by nearly $8,000. Uh that's after the president's announcement last night which included raising tariffs on Canadian exports to 35%.Those went into effect at midnight while other countries tariffs take effect in a week could have a big impact on lumber prices. Joining me now is UBS analyst John Lavalo. John, uh, your estimate had been a little lower, now pretty close to $8,000 cost, but h how d ...
How higher lumber prices will impact homebuilders
CNBC· 2025-05-27 07:00
This entire house is built out of wood. I mean, we really do have wood on the floor, wood on the walls, wood on the ceiling. Can't really get away from building a house like this without using a large number of wood products in the home.Steve Martinez owns a construction business in Boise, Idaho. He says volatile lumber prices have been causing uncertainty for his business. So, it's definitely a concern.you know, one bunk of this material, you know, going up tfold can cause a huge disruption from a price pe ...