As Housing Demand Softens, Could Building Prices Finally Peak? | GlobeSt

2022-06-28 13:02:07 By : Ms. Dana You

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Given rising interest rates, housing demand is slowing, according to the National Association of Home Builders (NAHB), which pondered if prices for materials used in residential construction also will ease.

Construction materials costs have climbed nearly 20 percent, however that was “during a period of intense demand and insufficient supply—a reliable recipe for sky-high prices,” NAHB said.

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