Buying New Construction? It Could Cost More This Year

Maurie Backman, The Motley Fool
·3-min read
Buying New Construction? It Could Cost More This Year

Buying a new construction home can be an expensive prospect in the best of times. Lumber prices have soared more than 180% since last spring, reports the National Association of Home Builders. This means that buyers looking for new construction can expect to have that cost passed on to them.