Building Materials See Price Declines

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Led by lumber and plywood, The NAHB’s Eye on Housing is reporting that building materials have seen price declines of 1.6% of the past 12 months, a big difference from just a little over a year ago.  Citing data from the Producer Price Index (PPI), the NAHB says the recent decline “broke a four-month trend of increases.

 

Click here to read the full report at the NAHB’s Eye on Housing.

 

 

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Director of Education & Outreach, National Real Estate Investors Association