That’s true even though lumber prices are back to 2018 levels.
By Erik Sherman |August 17, 2022 at 08:14 AM
Inflation has taken a toll on consumers, but the overall cost of building materials continues to not just grow, but to do so at astonishing rates.
According to the National Association of Home Builders and its analysis of government data in the form of the producer price index, or PPI, the price of building materials was up another 0.4%, not seasonally adjusted.
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