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With lumber prices at all time highs, the National Home Builders Association kicked off a sustained advocacy effort that came to fruiting this month. The Commerce Department made a final determination to reduce duties on shipments of Canadian lumber into the United States by more than half, from 20 to 9 percent, which is tremendous news for home builders. This change on the tariff front comes at a particularly opportune time, with the lumber prices moving lower since mid-September but still up more than 60% since April. Lower tariffs will help mitigate uncertainty and associated volatility that has plagued the lumber marketplace and will ease upward price pressure on lumber prices. NAHB continues to work on all fronts to find solutions that will ensure a lasting and stable supply of lumber for the home building industry at a competitive price. To learn more about their efforts and how it impacts Oregon home builders, contact NAHB Federal Government Affairs Committee Vice-Chair Justin Wood at justin@fishconstuctionnw.com.