Residential building material prices, excluding energy, rose 0.2% in August and were up 5.1% from a year ago, according to an analysis from the National Association of Home Builders. Energy prices rose sharply in August, as prices for energy inputs …
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Inflation Eases for Second Consecutive Month in July
Inflation eased for the second consecutive month after reaching a three-year high in May, according to an analysis from the National Association of Home Builders. As energy prices leveled, shelter remained the largest factor driving inflation, accounting for one-third of …
Read More »Inflation Slows in June Amid Lower Energy Prices
Inflation slowed to 3.5% in June, down from a three-year high in May, largely driven by a ceasefire agreement in mid-June that stabilized oil markets and lowered energy prices. The decline in energy prices offset increases in shelter and food, …
Read More »Building Material Prices Reach 3-Year High in April
Prices rose across goods and services used in residential construction in April due to rising energy and transportation service prices, according to NAHB’s Eye on Housing. Building material prices, excluding energy, rose at their highest yearly rate in three years, …
Read More »Residential Construction Input Prices Surge in March Due to Energy Cost Spike
Energy input prices increased in March at their fastest pace since June of 2020 as the conflict in Iran impacted critical global supply chains, according to an analysis from the National Association of Home Builders (NAHB). Building material prices, excluding …
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