They say a picture can tell a thousand words. Well, this new visual representation of the impact of lumber pricing on homebuilders certainly fits. Published on May 8th by Visual Capitalist, the amazing infographic shows the impact of lumber prices on today’s new home market. The Coronavirus pandemic affected so many aspects of the new home construction market, from labor shortages to building supplies and appliance inventories, just to name a few. Now, homebuilders across the nation are feeling the affects of lumber price spikes. Read the full article here.
Image source: Visual Capitalist, Graphics/Design: Harrison Schell, https://www.visualcapitalist.com/visualizing-explosion-lumber-prices-50k/
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