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US domestic sawmill output lags home construction

January 10, 2022  By David Logan, NAHB

The failure of [U.S.] domestic sawmills to sufficiently boost output in the face of ongoing strong home buyer demand was a primary factor that contributed to record-high lumber prices and price volatility in 2021.

Soaring lumber prices, combined with delays and higher costs for other building materials, continued to be a significant limiting factor for home building throughout 2021 despite a mid-year three-month lumber price decline.

Read the full article on the National Association of Home Builders’ Eye on Housing.


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