top of page
  • Metro East REIA

Building Material Prices Up 19% Year-Over-Year

The NAHB’s Eye on Housing says the prices of goods used in residential construction (excluding energy) rose 0.5% in April, 2022, according to data from the Bureau of Labor Statistics. This increase comes on the heals of upwardly revised increases of 1.9% and 2.4% in March and February, respectively. These numbers represent a 4.9% increase in building materials prices since the start of 2022. However, year-over-year, building materials prices are up 19.2% and have risen 35.6% since the start of the pandemic. Continue reading HERE...

0 views0 comments

Recent Posts

See All

The National Association of Realtors is reporting that existing home sales were up 14.5% in February to a seasonally-adjusted annual rate of 4.58 million (down 22.6% year over year). Total housing in

bottom of page