Building Material Prices Continue to Rise

BY  ON APRIL 25, 2024

The NAHB’s Eye On Housing says data from the latest Producer Price Index shows the prices of inputs related to residential construction (less food and energy,) rose for the 5th straight month.  Click here to read more.

Data shows that the non-seasonally adjusted index increased 0.21% in March following a 0.54% increase in February and a 1.25% in January, 2024. They point out that the index continues to grow at a faster rate than in 2023 as the average monthly change in 2023 was 0.15%.

NAHB Eye on Housing

Click here to read the full report at the NAHB’s Eye on Housing.

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  • Hamza Ashfaq
    published this page in Updates 2024-06-12 15:20:40 -0600