Over the last decade, the increasing price of timber in the United States has exerted pressure on the cost of new housing construction. According to an analysis, in 2010 roughly 13 median family houses could be constructed using 50,000 U.S. dollars of timber. This number actually increased in 2015, but by 2021 the same dollar value could only purchase enough timber to construct two median family houses.
Number of median family homes that can be built in the United States for 5,000 U.S. dollars of lumber from 2010 to 2021
Characteristic
Number of median family homes that can be built
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Visual Capitalist. (May 8, 2021). Number of median family homes that can be built in the United States for 5,000 U.S. dollars of lumber from 2010 to 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1239760/lumber-price-number-family-homes-fifty-thousand-dollars-usa/
Visual Capitalist. "Number of median family homes that can be built in the United States for 5,000 U.S. dollars of lumber from 2010 to 2021." Chart. May 8, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1239760/lumber-price-number-family-homes-fifty-thousand-dollars-usa/
Visual Capitalist. (2021). Number of median family homes that can be built in the United States for 5,000 U.S. dollars of lumber from 2010 to 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1239760/lumber-price-number-family-homes-fifty-thousand-dollars-usa/
Visual Capitalist. "Number of Median Family Homes That Can Be Built in The United States for 5,000 U.S. Dollars of Lumber from 2010 to 2021." Statista, Statista Inc., 8 May 2021, https://www.statista.com/statistics/1239760/lumber-price-number-family-homes-fifty-thousand-dollars-usa/
Visual Capitalist, Number of median family homes that can be built in the United States for 5,000 U.S. dollars of lumber from 2010 to 2021 Statista, https://www.statista.com/statistics/1239760/lumber-price-number-family-homes-fifty-thousand-dollars-usa/ (last visited July 22, 2024)
Number of median family homes that can be built in the United States for 5,000 U.S. dollars of lumber from 2010 to 2021 [Graph], Visual Capitalist, May 8, 2021. [Online]. Available: https://www.statista.com/statistics/1239760/lumber-price-number-family-homes-fifty-thousand-dollars-usa/
