Residential building material prices have increased 0.2% over the past 12 months
While headline inflation has cooled, core inflation—price increases minus food and energy—remains elevated.
The 7.08% average for the 30-year FRM is more than 4 percentage points higher than the same week a year ago
According to a survey by Home Innovation Research Labs, pricing and availability challenges have influenced builder choices of home features, products, and materials.
Over 50 new residential products in five diverse categories are included in BUILDER's annual product roundup.
