Tag: building materials
An attorney whose firm helps its clients open businesses and establish joint ventures in Cuba spoke to members of NAHB’s Building Materials Subcommittee about challenges and opportunities in this market for the residential construction industry.
The cost of building homes is going up.
The latest Producer Price Index release by the Bureau of Labor Statistics shows that prices of softwood lumber, gypsum, ready-mix concrete and OSB all rose in February. The increases were led by gypsum products, with softwood lumber a close second.
Builders looking for U.S.-grown sources of softwood lumber have a new choice – Norway Spruce grown in New England, New York and the Great Lakes region.
Softwood lumber, oriented strand board (OSB), ready-mix concrete and gypsum products all posted price changes in 2016 well above the 1.3% average for the Consumer Price Index, according to the latest Producer Price index released by the Bureau of Labor Statistics.
Vinyl, including vinyl-covered aluminum was the most common exterior wall material used in homes started in 2014, according to an analysis of government data by NAHB economist Ashok Chaluvadi.