Duties on Unfairly Traded Canadian Softwood Lumber Have A Near Zero Impact on the Price of a New Home

U.S. Lumber Coalition
February 7, 2025
Category: Business & Politics
Region: Canada, United States

Data provided by the National Association of Home Builders (NAHB) and Fastmarkets Random Lengths confirm that cost of lumber is a very small component of the price of a new home. Consequently, duties on a share of that lumber imported from Canada resulting from the enforcement of U.S. trade laws against Canada’s egregious unfair trade practices in softwood lumber have a near-zero impact on the price of a new home. The time has come to turn the page on this false narrative by Canada and its U.S. allies that duties on Canadian softwood lumber are a big driver of the cost of constructing a new home… “Since Canada relies almost exclusively on the U.S. market to unload its excess lumber production at any cost—for example, through massive dumping—this new U.S. self reliance for its softwood lumber needs is causing panic within the Canadian lumber export industry,” stated Zoltan van Heyningen, U.S. Lumber Coalition Executive Director. 

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