Good News for Renovators - Lumber Prices Have Dropped
Good news for home renovators - the price of lumber has decreased by 40 percent since its record high cost in May. Prices sit at below $1,000 per one thousand board feet after it peaked at $1,700 at its all-time high. Overall, in the last year, prices increased 175 percent, and while there was a dip, prices are still anticipated to remain higher than usual for the rest of the year.
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