Rapidly Rising Building Materials and Freight Prices Push Construction Costs Higher

Rapidly Rising Building Materials and Freight Prices Push Construction Costs Higher

The prices of goods used in residential construction climbed 1.8% in May (not seasonally adjusted) and have increased 19.4%, year-over-year, according to the latest Producer Price Index (PPI) report.

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Eye On Housing
https://eyeonhousing.org/2022/06/rapidly-rising-building-materials-and-freight-prices-push-construction-costs-higher/