By Paul Maryniak | The Mesa Tribune
As if low inventory wasn’t exerting enough pressure on home prices, two new trends are apparently adding to the surge – particularly for new houses.
The National Association of Homebuilders and the National Association of Realtors said a lumber shortage is accelerating the cost of new home construction while there also is a rising demand for larger houses – partly as the result of more stay-at-home and work-from-home time created by the pandemic.
“While the market remains solid, median home prices are increasing due to higher building material costs, most notably softwood lumber, and a shift to larger homes,” said Robert Dietz, chief economist for the National Association of Home Builders.
Can state leaders lower gas prices?
April 6, 2026
By Arizona Capitol Times Key Points: The perennial quest to lower gas prices in Arizona is sparking debate at the Legislature and in the governor’s
