Ever heard of lead time? Lumber price falling doesn't mean housing costs will cool down immediately. The new houses being sold told and being built now are b

Ever heard of lead time? Lumber price falling doesn't mean housing costs will cool down immediately. The new houses being sold told and being built now are being built with lumber prices from ~6 months ago. It takes time for things to show. So if the housing market will cool, it will take a few months at the very least. Until then, the madness will keep going on for a while.