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Soaring lumber costs add to the price of new homes

Feb 22, 2021
An increase in the cost of new homes then drives up the price of existing homes, as the overall market becomes more competitive.
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Inflation hits gasoline, lumber and meat

Feb 19, 2021
There isn't a lot of inflation in the U.S. economy overall, but some commodities are spiking higher as the economy recovers.
The price of lumber has nearly tripled through the pandemic, according to the National Association of Home Builders. Above, a wheel loader moves logs in Deer Lodge, Montana.
Chip Somodevilla/Getty Images