The cost of lumber has increased 300% over the past 12 months, according to National Home Builder Association statistics. The reason is simple economics — increased demand and limited supply. When the pandemic first began, home construction came to a standstill and a lot of sawmills and lumber processing facilities shut down. Then, the boom in remodeling and home building started early last summer and the mills went from having too much wood to not enough very quickly.
The demand has shown no sign…

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