Tag: materials prices

Materials Prices Post Record Year-to-Date Increase

Filed in Economics, Material Costs by on November 10, 2021 2 Comments
Materials Prices Post Record Year-to-Date Increase

The softwood lumber price index increased 9.1% in October (seasonally adjusted) — its first monthly increase since May, according to the Bureau of Labor Statistics’ latest Producer Price Index (PPI) report. Overall, building material prices have increased 12.2% year to date, after climbing 4.5% over the same period in 2020.

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How Builders are Dealing with Rising Lumber Prices

How Builders are Dealing with Rising Lumber Prices

NAHB recently asked builders about their reactions to the rising and volatile lumber prices in its April 2021 survey for the NAHB/Wells Fargo Housing Market Index (HMI).

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Critical Home Repairs Delayed Because of Sky-High Lumber Prices

Filed in Advocacy, Material Costs, Remodeling by on March 26, 2021 27 Comments
Critical Home Repairs Delayed Because of Sky-High Lumber Prices

As lumber prices remain sky high, home-building activities continue to suffer across all aspects of the industry — including remodeling projects. Cost increases have had an impact on home owners across the board, from those in need of critical assistance to those who have been planning projects for years.

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Key Building Materials Prices Far Surpassed Inflation in 2016

Filed in Economics by on January 27, 2017 2 Comments
Key Building Materials Prices Far Surpassed Inflation in 2016

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.

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Producer Prices Feeling Downward Pressure

Filed in Economics, Material Costs by on October 1, 2015 0 Comments
Producer Prices Feeling Downward Pressure

Prices of building materials dropped in August. Softwood lumber prices went down 2.2% and OSB prices declined 0.8%, reversing increases in July. Gypsum prices decreased another 0.9% in August, totaling 6.5% down from the February peak.

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Building Materials Prices Move Lower in March

Filed in Economics by on April 22, 2015 3 Comments
Building Materials Prices Move Lower in March

The Bureau of Labor Statistics (BLS) recently released the Producer Price Indexes (PPI) for March, and the report was good news with respect to building materials, as prices for gypsum and wood products declined.

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What’s Up With Materials Prices? Gypsum, for One.

Filed in Economics by on October 20, 2014 3 Comments
What’s Up With Materials Prices? Gypsum, for One.

The latest government report shows that gypsum wholesale prices edged 0.1% lower in September from the previous month and are down from the most recent February peak. However, prices won’t stay this way for long.

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