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Softwood lumber costs up nearly 30% over three months, push building materials prices higher in July

from Eye On Housing

Softwood lumber costs up nearly 30% over three months, push building materials prices higher in July Eye On Housing Prices paid for goods used in residential construction continued their upward trend in July, increasing 1.8% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the third consecutive monthly increase since the index declined three months straight by a total 5.4%. READ MORE

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