Tag Archive for ‘cost of construction’

Cost of Constructing a Home in 2019

The NAHB recently published its latest Cost of Construction Survey. Results show that 61.1% of the average home sale price consisted of construction costs in 2019, up from 55.6% in 2017, but similar to the 2013 and 2015 breakdowns of 61.7% and 61.8%, respectively. The finished lot cost was the second largest cost at 18.5% of the sales price, down from… Read More ›

Building Materials Prices Continue to Climb

Inflation in prices received by producers (prior to sales to consumers) held steady in August after a striking 0.4% decline in July.  The flat reading was the result of a 0.1% increase in prices for services combined with a 0.4% drop in goods prices, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics (more weight is… Read More ›

Producer Prices in April – Mixed

The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for April today. Overall, the PPI for finished goods declined 0.2 percent from March on a seasonally adjusted basis, as a 1.4 percent decline in energy prices outpaced 0.2 percent gains in both food goods and the core index (i.e., finished goods less food and energy). In a… Read More ›