Home builders

Homebuilders Still Face Supply Shortages and Increased Costs

(Credit: Getty)

RICHMOND, Virginia (AP) – Home builders and renovators continue to face supply shortages and higher prices for building materials in the wake of the coronavirus pandemic.

The Richmond Times-Dispatch reported on Sunday that rising construction costs are the result of growing demand for new homes and home improvement projects.

Many Americans were forced to work from home and decided to add a patio or an extra room for an office.

Demand impacts sawmills as well as factories that manufacture materials for plumbing or wiring.

Many were closed during the first days of the pandemic, causing gaps in the supply chain.

The freezing weather in Texas earlier this year was another factor.

Many building materials come from factories in this state.

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