Tag Archive for ‘building materials prices’

OSB, Lumber, and Gypsum Lead Building Materials Prices Lower in November

Softwood lumber prices fell 3.0% in November the second consecutive decrease for the index to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 23.6% (not seasonally adjusted) since setting cycle and all-time highs in June (see below). After the decrease, the index level is 9.6% lower… Read More ›

Softwood Lumber Price Decline Largest in Seven Years

Softwood lumber prices fell 10.3% in October—the largest drop since May 2011—according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 21.2% since setting the cycle and all-time high in June (see below). Even after the decrease, however, the index currently sits just 4.7% lower than… Read More ›

Lumber, OSB Prices Retreat in August as Gypsum Reaches New High

Residential construction goods input prices declined, on average, in August as large monthly increases and decreases offset each other, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Although the index for inputs to residential construction fell by 0.5% (not seasonally adjusted), it has increased more than twice as much in 2018 (+4.9%) as… Read More ›

Number of Builders Reporting a Shortage of Framing Lumber Surges

Shortages of framing lumber are now more widespread than at any time since NAHB began tracking the issue in a consistent way in 1994, according to results from the May 2018 survey for the NAHB/Wells Fargo Housing Market Index.  Over 30 percent of single-family builders responding to the survey’s special questions in May reported a shortage of framing lumber, outdistancing the other 22… Read More ›

Ready-Mix Concrete, OSB Lead Price Increases in March

Building materials prices continued to climb in March, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Oriented strand board (OSB) led price increases, up 9.3% since February (not seasonally adjusted), while the indexes for ready-mix concrete (+3.3%), softwood lumber (+2.2%), structural steel (+2.0%), and gypsum products (+1.1%) also moved higher. The 9.3% increase in OSB… Read More ›

Broad-Based Price Increases Plague Building Materials in February

Prices paid for building materials increased across the board in February. The indexes for softwood lumber (+5.6%), gypsum products (+4.2%), OSB (+3.1%), ready-mix concrete (+0.4%), and inputs to residential construction less labor (+1.0%) all increased, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The percentage increase in softwood lumber prices (not seasonally adjusted)… Read More ›

OSB Prices Up Nearly 20% Since September 2016

The price of OSB increased 4.4% in September and has risen 19% and 38% since September and January 2016, respectively. The surge was in contrast with moderate increases in prices paid for gypsum products (+0.3%) and ready-mix concrete (+0.2%). The price of softwood lumber fell 0.9% in September, according to the latest Producer Price Index (PPI) release by the Bureau… Read More ›

Softwood Lumber, OSB Lead August Price Increases

The prices of softwood lumber, OSB, and ready-mix concrete increased by 2.5%, 2.9%, and 0.5%, respectively, in August according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. In contrast, the price paid for gypsum fell 0.6%, its first monthly decline since May. Softwood lumber prices rose for the second consecutive month the 3.0% decrease in June. … Read More ›

Prices of Softwood Lumber and OSB Decline in June

The prices of softwood lumber and OSB fell by 3.0% and 0.4%, respectively, in June according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. In contrast, prices paid for gypsum and ready-mix concrete increased 1.3% and 0.4%, respectively, over the month. The softwood lumber price index fell for the first time in seven months… Read More ›

Builders Starting to Report Shortages of Framing Lumber

For several years now, the recovery in single-family home building has been hampered by shortages of labor and lots.  Availability of building materials, meanwhile, has not been much of an issue.  But that may be starting to change. In answer to questions on the May 2017 survey for the NAHB/Wells Fargo Housing Market Index, 21% of single-family builders reported a shortage… Read More ›