SPRINGFIELD, Mo. (KY3) - Local contractors say they’re feeling the strain of high costs when it comes to building homes. Costs are much higher now than they were even in 2019 or 2020. “Ten years ago, ...
Higher energy costs are raising building material prices. Producers use less coal than they once did, but compared to 2022, they have the same exposure to oil and gas. Price increases from the Middle ...
Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 11.9% by the end ...
Buying a house used to be a rite of passage for middle-class Americans, but in recent decades, would-be homeowners have found themselves priced out of the market. The affordability crisis has become ...