Building Materials Prices Up 14.3% Year-Over-Year The NAHB’s Eye on Housing recently crunched the numbers from the most recent BLS Producer Price Index, where they found building materials prices have climbed 4.9% through the first eight months of 2022 and 14.3% year-over over. Prices for gypsum products, transformers, and concrete posted historic 12-Month Increases. However,
The Orange Line shutdown puts developers building by the T in a tricky spot The potential upside of the MBTA work is tremendous, including safer rides and faster connections. But there’s a big “if.” The post The Orange Line shutdown puts developers building by the T in a tricky spot appeared first on Boston.com Real
Home Building Industry Faces Glut of Inventory Bloomberg is reporting that the supply of new homes on the market has climbed to its highest level since 2010. They point out that for years the housing market has been plagued by too little inventory, now builders are suddenly finding themselves with a glut of unsold homes.
Rising Building Material & Freight Prices Push Construction Costs Higher The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year. Citing data from the Producer Price Index they point out that building materials (i.e., goods inputs to residential construction, less energy) prices have increased 5.4%, year-to-date, and are
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.
Eliminating the Fear of Getting Started in Real Estate & Building Your Brand with a Former Pro-Basketball Player Brian Hamrick On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked with Art Morrison, III, a former professional basketball player who has taken his passion and persistence from the