The housing market is turning the corner after a long decline. The U.S. Dept. of Commerce reports that, in the first quarter of 2012, the dollar value of the private residential construction market is up 6.3% over the same period of a year ago (see p. 30). Lumber prices are responding to the modest rebound in the housing market with steady increases. ENR's 20-city average price for the most commonly used species of 2 X 4s has risen 3.9% since the beginning of the year.
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机译:房地产市场经过长时间的下跌后正在转危为安。美国商务部报告,2012年第一季度,私人住宅建筑市场的美元价值比去年同期增长6.3%(请参阅第30页)。木材价格对住房市场温和反弹的反应是稳定增长。自今年年初以来,ENR的最常见2 X 4s物种的20个城市平均价格上涨了3.9%。
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