Rising Lumber Duties Could Drive Home Prices Even Higher

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 Learn how rising lumber tariffs could impact home prices, remodeling budgets, and your ability to afford housing, plus what economic signals experts are watching next. 

In a housing market already plagued by affordability issues, a looming threat is emerging that could push the American dream of homeownership even further out of reach for millions: rising lumber duties. The U.S. housing market is facing renewed pressure as lumber prices surge dramatically. According to the Bureau of Labor Statistics, softwood lumber prices rose 23% year over year in April…

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