Housing Rebound in U.S. Hampered by Own Success as Costs Climb

Housing Rebound in U.S. Hampered by Own Success as Costs Climb

Tim Boyle/Bloomberg

At just about every turn, builders are paying more for materials. The wholesale cost of softwood lumber climbed 30 percent in the year ended March, data from the Labor Department show. Oriented strand board, or wood particle board, surged 68 percent, while gypsum products such as sheetrock climbed 18 percent.