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HOMZ - Why Lumber And Plywood Prices Are So High - And When They Will Come Down
Hoya Capital Housing
Lumber and plywood prices have jumped through the roof in the U.S. Building materials prices will retreat in 2022, returning to pre-pandemic levels by 2023.
The low mortgage rates brought more buyers into the single-family real estate market.
Some wood products executives see recent demand as a return to normal, rather than abnormally high.