Skip to navigation Skip to main content Skip to footer
flexiblefullpage

Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!

billboard
Image Credit
Photo: Stock.adobe.com

NAHB’s Eye on Housing reports that the prices of building materials rose by 14.3% over the past year, according to the latest Producer Price Index (PPI). Gypsum building materials prices increased by 19.9%, transformers and their parts have gone up 40.1%, and ready-mix concrete prices rose 8.1% year to date. Softwood lumber prices have fallen considerably, 32.7% this year, but current prices are still 46.4% higher than they were before the pandemic.

The prices of building materials rose 0.5% in August (not seasonally adjusted) even as softwood lumber prices decreased 5.2%, according to the latest Producer Price Index (PPI) report. Building materials prices have climbed 4.9% through the first eight months of 2022 and 14.3% over the past year. The PPI for goods inputs to residential construction, including energy, decreased 0.9% in August following a 1.5% decline in July. Between June and August, the prices of #2 diesel and unleaded gasoline decreased by 24.1% and 27.9%, respectively.

Read more

leaderboard2
catfish1
interstitial1