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Update as of August 1st, 2023: The Canadian softwood lumber tariffs have been lowered to 7.99%. Click here to find the latest rates. Read below for the original story from February 17, 2022.

Prices of construction materials jumped nearly 20 percent in 2021 despite moderating in December, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said contractors rate materials costs as a top concern for 2022, according to a survey predicting the industry’s outlook for the industry the association released yesterday.