Eye On Housing
Prices paid for goods used in residential construction increased by 0.7% in July (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, compared to an average monthly increase of 0.8% during the same period 2017-2018…. Read More ›
Prices paid for goods used in residential construction increased 1.5% in March (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Prices have risen more quickly thus far in 2019 than they did during the same period in 2018 and are at their highest level since last October (see below). The… Read More ›
Overall, the price of goods used in residential construction declined 0.5% in January (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. In contrast to December–when prices paid for building materials (except OSB) changed little–prices fell by an average of 2.9% in January. Prices paid for inputs to residential construction (goods)… Read More ›
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 ›
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 ›
The prices of building materials generally increased in June, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. For the second consecutive month, softwood lumber (+4.0%) led the way, followed by oriented strand board (+2.2%, not seasonally adjusted). Similarly, the indexes for ready-mix concrete (-0.3%) and gypsum products (-0.6%) both declined for the second… Read More ›
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 ›
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 ›
Prices paid for softwood lumber (+1.0%), ready-mix concrete (+0.5%), and inputs to residential construction less labor (+1.1%) all increased in January, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The seasonally adjusted indexes for gypsum products and OSB declined by 2.0% and 11.3%, respectively. The steep decline in OSB prices in January comes… Read More ›
Prices paid for OSB (-13.0%), softwood lumber (-1.0%), and inputs to residential construction (-0.1%), all decreased in December, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The index for gypsum products advanced (+1.6%). Over the course of 2017, the price paid for every major input to construction NAHB tracks has increased. The following… Read More ›