Lumber Tariffs

Trade Dispute Means Higher Lumber Tariffs Likely to Impact Housing Costs

By CandysDirt.com Contributor / November 16, 2021 /

By Phil CroneExecutive Officer, Dallas Builders Association Amidst a market defined by rampant inflation and material shortages, builders should now prepare for duties (tariffs) on Canadian lumber to double from 8.99 to 18.32 percent. While relatively few boards of Canadian lumber find their way to North Texas, the move by the U.S. Commerce Department is…

Sky High Lumber Prices Are About Supply (And Demand)

By CandysDirt.com Contributor / March 10, 2021 /

By Phil Crone Executive Officer, Dallas Builders Association Make no mistake, residential construction has largely thrived despite the COVID-induced disruptions and despair that have crippled so many other industries. Fueled by record-low mortgage rates and demand induced by the newfound importance of home, all of the ingredients are there for 2021 to set an all-time…

Dallas Builders Urge Action on Lumber Supply Shortages

By CandysDirt.com Contributor / November 2, 2020 /

By Phil Crone Executive Officer, Dallas Builders Association On Oct. 20, nearly 100 Republican and Democratic lawmakers sent a letter to President Trump seeking urgent action on lumber supply shortages. Lumber shortages have resulted in unprecedented price spikes in recent months that are threatening the housing industry and economic recovery. The Dallas Builders Association took…

Housing Industry Braces For More Tariffs Amid Affordability Crisis

By CandysDirt.com Contributor / May 17, 2019 /

By Phil Crone Executive Officer Dallas Builders Association In the midst of a nationwide, 10-year low in affordability, the housing industry is bracing for additional tariffs. From tile to countertops, laminates, lighting, and furnishing, about 450 products commonly found in new homes and remodeling projects are seeing tariffs rise from 10 percent to 25 percent…