NAHB: April Building Materials Prices Up More Than 19% YOY
The price index of services inputs to residential construction have risen 18% YOY.
The price index of services inputs to residential construction have risen 18% YOY.
Prices increased 20.4% annually and have risen 33% since the start of the pandemic.
NAHB research shows, however, that the costs for some building materials are experiencing declines.