Watch CBS News

Lumber Shortage Causes Skyrocketing Prices, Impacting Construction Plans

By: KDKA-TV News Staff

PITTSBURGH (KDKA) -- The price of lumber is continuing to soar.

As wood mills try to catch up following pandemic shutdowns, demand is skyrocketing.

Industry experts say lumber prices have added nearly $36,000 to the average price of a new single-family home.

Some suppliers say they can't keep certain products in stock.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.