Tag Archive for ‘cost of construction’

Building Materials Prices Decline for Second Consecutive Month

The prices of building materials decreased 0.2% in October (not seasonally adjusted) following a 0.5% decline in September according to the latest Producer Price Index (PPI) report. The index has decreased four of five months for the first time since 2015. The PPI for goods inputs to residential construction, including energy, was led 0.2% higher by prices of diesel fuel (+9.5%)… Read More ›

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 ›