There is a lot of chatter about heating property markets and bubbles been created with it.
Australian, Canadian and Chinese housing markets are the main big markets that are talked about.
While even though there was a crash in 2008 American housing market is slowly creeping in to this topic again.
Lumber prices are effecting the housing markets.
Yes, Lumber prices are effecting the housing market a lot. Even renovations are costly. This will trickle down to renters and home buyers.
Warren Buffet also confirmed this recently in their yearly meeting.