Shadow
Podcast

building materials

Performance Property Real Estate Question

Will Dip In Apt Construction Lower Rents Prices

Q: My cousin is a builder and he said he can’t get financing for his latest multi-family projects. Do you think this will have any impact on rent prices? Connie, Yonkers, NY A: Construction financing has been drying up this year due to several factors including the increasing cost of insurance, building materials and the flattening of rent prices. Consequently, it is increasingly difficult for builders to take on new multi-family apartment projects which has resulted in lower multi-family housing starts this year. The most important factor that influences rent prices is supply and demand so theoretically, a reduction in multi-family construction projects could eventually reduce the overall supply of available rental units and thereby increase rent prices. However, the […]

continue reading

Real Estate Insight

Building Material Prices Have Begun To Decline Or Experience Moderate Price Increases

Building material prices, which skyrocketed amid a period of intense demand and insufficient supply during 2020 and 2021, have begun to decline or experience moderate price increases.

continue reading

Real Estate Insight

Building Material Prices Continue To Rise

Building Material Prices Continue to Rise: According to the latest Producer Price Index, building material prices have increased 20.4% on a year-over-year basis.

continue reading

Real Estate Insight

Building Materials Prices Increased 20.3% Year Over Year

Building materials prices increased 20.3% year over year and have risen 28.7% since January 2020.

continue reading

Real Estate Insight

Cost of Building Materials Rising

The cost of building materials including lumber and concrete is on the rise according to the Producer Price Index (PPI) released April 13.

continue reading