Search
  • Metro East REIA

Building Materials Prices Up 5.4% in 2020

The NAHB’s Eye on Housing recently crunched the numbers from the most recent BLS Producer Price Index, where the found that prices paid for goods used in residential construction (excluding energy) rose 0.7% in December and ended 2020 5.4% higher than December, 2019. Interestingly, they point out that over the course of 2020, building materials prices declined only 2 times. Continue reading HERE...

0 views0 comments

Recent Posts

See All

Prices for Used Pickups are Skyrocketing

We’ve had several reports about skyrocketing lumber prices, well, here’s an indicator worth noting; A recent report on FoxNews says a sharp drop in the supply of new vehicles due to the ongoing chip

How Remote Work May Impact Housing Location Preferences

A new report from Apartment List says remote workers moved more than on-site workers over the past year, but most moves were local. In addition they found that “more space” was the top motivator for

Best Cities for First-Time Home Buyers

What are the best cities for first-time home buyers? Realtor.com says homes across the country are selling within days (with multiple offers) pricing out buyers of all ages—especially millennials. W