When thinking about both phases together, Hartman proposes the following numbers as averages to consider. For a starter home without many bells and whistles, an average price per square foot could ...

Companies that have announced price hikes Masco, a home-improvement and building products manufacturer, announced an incoming 7%-to-9% price hike for plumbing-related items, many of which are ...

Much of the pressure stems from tariffs on Canadian softwood lumber, steel and aluminum, among other materials. Canadian softwood makes up about 85% of all U.S. softwood lumber imports.

Lumber is cheap, but building or renovating a home isn’t The price of lumber has plummeted since early in the pandemic, but other building materials are up 30% from 2019.

Steve Swinney, Chief Executive Officer of Colorado construction supply company Kodiak Building Partners, said he expects the tariffs on steel, aluminum and lumber to bring home prices up by 2.5% ...

Chinese materials account for about a quarter of the $15 million materials budget for a 19-story condo, like the one he is currently building in Queens Plaza in Long Island City, Mr. Zhao estimated.

If it seems like building material prices are still sky high, they are — 39% higher than they were before the COVID-19 pandemic. Associated Builders and Contractors (ABC) released an analysis ...