Lumbar prices are at an all-time low in the US


Posted

in

by

According to the market index, lumbar prices have gone down substantially. In 2021 the average cost of lumbar in the united states was $1270 at its peak. This price has now come down to $695 currently in august 2022.

The quoted prices are for the 2×4 inch lumbar, primarily used in the construction of new houses. Hence the cost of construction of new homes is at an all-time. This is in keeping with the housing market suspected crash and bearish trends that we are sensing in the US. This is a great time for new constructors to start construction because by the time the houses are ready the market may start going up again. So, it is a great time to raise money. keep in mind raising money is not the same as borrowing money. As interest rate are going up borrowing is not a good option at this stage.

Table Of Contents

Add a header to begin generating the table of contents

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *