· McCarthy estimates the cost of lumber for the home will hit 70,000, nearly double the cost of building the exact same home in a nearby town just .
· "Costs are going up, it's taking longer for materials to arrive, and it's particularly acute in the lumber market," he said. For some builders, finding land to build on is a bigger problem.
· Why Australia's property prices will continue to soar. ... Can Australia build its way out of the coronavirus economic ... the national house price index today is where it was four years ago ...
After soaring 200% in 2019, an index of Johannesburgtraded platinum stocks has maintained its blistering pace at the start of the new year.
· The price of lumber more than doubled over the last year to an alltime high, reflecting strong demand for new construction and home remodeling, and pandemicrelated problems limiting production. The sharp rise in the cost of lumber, among other building materials, is a concern to builders because it drives up costs, potentially shrinking the pool of wouldbe buyers who can afford to .
· Lumber prices continue to skyrocket, holding back a resurgent housing industry.
· That's down 49% from its 1,515 alltime high on May 28. Lumber's price remains well above its prepandemic range of 350 to 500, however. .
· World food prices continue to soar, hitting nearly 7year high. The Food and Agriculture Organization's food price index, which measures monthly changes for a .
· update 41521 Although materials cost inflation will be higher, I expect nonresidential buildings inflation final cost in 2021 to range between % to %, with potential to be held lower. Subcontractor costs, such as for steel or lumber, could range much higher due .
· 17:32, 1 Oct 2021. Council tax could have to rise by almost £500 in the next three years if the government does not act over social care, town hall chiefs warn. The current average Band D bill of ...
· Its original price tag was 45 million. The final tab for the school, now called Vista Hermosa and set to open in 2008, will top 400 million. Belmont building costs continue to soar .
· Europe's housing prices continue to soar ... A buyer now needs a downpayment of at least 15 percent of the purchase price, and each year, they must amortise (pay off) part of the loan.
· Shortages of materials and skyrocketing costs, particularly in the last few months, meant the price of building or renovating homes would continue to .
Building material prices continue to rise because of reduced manufacturing capacity and increased demand from new housing starts. Anyone thinking of building or remodeling needs to carefully consider their material choices as prices have gone up.dramatically in some cases.
· (Bloomberg) Ford Motor Co., charging forward with big investments in electric vehicles, raised its fullyear profit forecast and said it will restore its dividend, sending the stock soaring as ...
· The housing market may be cooling but Los Angeles industrial prices keep rising. Average rent for industrial real estate in ticked up to a foot in the third quarter, percent higher ...
· Here, 11 members of Forbes Real Estate Council share their expert predictions for the future of the real estate market through the end of 2021 .
· In 2019, construction costs rose nationally by 2 percent, and they are predicted to continue to rise this year, said Tim Duggan, vice president of Data and Analytics for Gordian. These increases have been driven by a shortage of labor and increasing prices for materials.
· One year after the pandemic struck, construction firms are experiencing soaring materials costs, widespread supplychain problems, and continuing project deferrals and cancellations, according to a new survey that the Associated General Contractors of America released today. Association officials urged Congress and the Biden administration to take steps to eliminate tariffs on key materials ...
· Euro zone manufacturing activity remained strong last month but was curtailed by supply chain bottlenecks and logistical problems which sent input costs soaring, a survey showed on Tuesday.