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A shortage of timber worldwide is causing a
in supply and major problems for the housing and construction
. The decrease in the
of timber has caused a sharp
in the prices of newly built homes around the world. In some countries, the price builders pay for timber has shot up by about 25 per cent. One of the
builders are struggling to get supplies is because people have been repairing or reforming their homes during
. Another reason is that post-lockdown construction and
DIY projects have created "extraordinary
". A timber trade federation said
were "working around the
" but are "struggling to keep up".
