After rising more than 35% since the onset of the pandemic, the cost of building materials used in residential construction declined in 2022, according to the National Association of Home Builders.
"The producer price index (PPI) for inputs to residential construction less energy (i.e., building materials) rose 8.3% in 2022 (not seasonally adjusted) according to the latest PPI report — less than one-half the increase seen in 2021."
 |
| via EyeOnHousing.org |
Read more at EyeOnHousing.org.
No comments:
Post a Comment
Thanks for your comment! It has been sent to the moderator for review.