Land subdivision and development
A sign sits in front of a KB Home construction site, Tuesday, Feb. 2, 2021, in Simi Valley, Calif. U.S. homebuilders are poised to benefit this spring homebuying season amid strong demand, low mortgage rates and an all-time low inventory of previously occupied homes for sale. But soaring lumber prices and a shortage of construction-ready land could limit builders’ ability to capitalize on the strong housing market trends, analysts say. .(AP Photo/Mark J. Terrill)
Builders grapple with land shortage, soaring lumber costs

By Alex Veiga Feb. 25, 2021 11:44 AM EST