This is not good.
There are many prices rising due to inflation recently. These prices have driven the house market to a new low and has hurt many Americans that want to build a house.
Many Americans are holding off on their house projects due to lumber costs in the U.S. Many of these individuals have put aside their money and are waiting for house costs to go down.
High prices in lumber has hurt many Americans and is continuing to rise which is hurting the economy.