Want to fix your roof? Get ready for 10-18% increases in material costs. Need to install a new light? Get ready for sharp increases in the cost of wire.
Over the past month, basic building materials from copper to wood to rubber as well as oil-based products have undergone sharp price increases.
While Government statistics shows inflationary pressures to be low, this is not true for building products.
Have you been putting off repairs or building projects around your home? You will definitely pay more for them today.
Manufacturers clearly believe there is enough construction activity in the marketplace that they will get away with such sharp price hikes. Since there is a general uptick in construction activity this trend might just continue so that it might be prudent for homeowners to handle their home improvement projects sooner than later!