Tag Archive for ‘inflation’

Real Rent Index Decline Continues in September

The real rent index fell by approximately 0.1 percent in September. The September decline, however, was not as sharp as previous months (falling by 0.4% in July and 0.3% in August) (Figure 1). The annual growth rate of the real rent index stands at 0.9 percent. NAHB constructs a “real” rent index to indicate whether inflation in rents is faster… Read More ›

Largest Four-Month Lumber Price Increase in 70 Years Outweighs Other Price Declines in August

Prices paid for goods used in residential construction continued their upward trend in August, increasing 0.9% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the fourth consecutive monthly increase since the index declined three months straight and brings the index back to its pre-pandemic level. Prices of… Read More ›

Softwood Lumber Costs Up Nearly 30% Over Three Months, Push Building Materials Prices Higher in July

Prices paid for goods used in residential construction continued their upward trend in July, increasing 1.8% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the third consecutive monthly increase since the index declined three months straight by a total 5.4%. The index has decreased 1.3% year-to-date (YTD), a larger… Read More ›

Building Materials Prices Move Higher in May

Prices paid for goods used in residential construction increased 0.6% in May (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. May marks only the fourth monthly increase in the past 12 months in the price index for residential construction inputs. The index has declined 4.8% year-to-date (YTD), nearly four times the… Read More ›

Building Materials Prices and Supply Chain Routes

Prices paid for goods used in residential construction decreased 0.5% in February (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices are just 0.6% higher than they were 12 months ago and have been remarkably stable since then, with an average monthly increase of 0.05%. In fact, the… Read More ›

Ready-Mix Concrete, Gypsum Products Lead Building Materials Prices Higher in January

Prices paid for goods used in residential construction increased 0.5% in January (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have increased 2.0% over the last 12 months and by 3.3% since January 2018.  The average monthly increase since the start of 2018 has been 0.14%, with the largest… Read More ›

Rent Index Inches Up in December

In December, inflation-adjusted residential rents increased 0.1 percent over November’s reading, after essentially no growth in October and November (Figure 1). The average monthly growth rate of the real rent index stood at 0.11 percent in 2019, compared to 0.10 percent in 2018. NAHB constructs a “real” rent index to indicate whether inflation in rents is faster or slower than… Read More ›

Softwood Lumber, Gypsum Products Prices Increase as Broader Price Index Declines in November

Prices paid for goods used in residential construction declined 0.4% in November (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have declined an average of 0.1% per month over the last 12 months, and the price of goods used in residential construction has risen 1.3% in 2019…. Read More ›

Building Materials Prices Hold Steady in October

Prices paid for goods used in residential construction held steady in October (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have declined an average of 0.2% per month over the last 12 months, and the price of goods used in residential construction has risen 1.7% in 2019…. Read More ›