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Lumber shortage worries U.S. homebuilders

Hendrik Sybrandy

Hendrik Sybrandy

June 26, 2021 · 3 Years ago
text

02:44

It’sa phraseoftenastrue in economicsas in physics: Whatgoesup must come down. The price oflumber, key to the U.S. housing market, shot up dramatically over the past year.

But now that price is dropping, a relief to homebuilders and undoubtedly homebuyers too.

CGTN’s Hendrik Sybrandy has this story from the state of Colorado.

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