US Building Material Price Growth Minimal in April

By Jesse Wade
NAHB – Eye on Housing
May 27, 2025
Category: Finance & Economics
Region: United States

Prices for inputs to new residential construction—excluding capital investment, labor, and imports—fell 0.4% in April, following a (revised) increase of 0.8% in March. …The inputs to the New Residential Construction Price Index grew 0.6% from April of last year. …Energy input prices were up 0.1% between March and April but were 17.6% lower than one year ago. Building material prices were down 0.3% between March and April but up 2.2% compared to one year ago. Energy costs have continued to fall on a year-over-year basis, as this marks the ninth consecutive month of lower input energy costs.

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