Momentum at the lower-end calls for a double-down on discipline on per-square-foot costs to preserve profit and keep prices within reach of entry-level buyers.
By John McManus | Builder
For the hot entry-level and first-time home buyer market, calculus-changing materials price increases do a number on gross margins. The math of margin erosion can add up fast as housing activity accelerates over the coming months.
National Association of Home Builders director of Tax and Trade Policy Analysis David Logan has this post-up on building materials price increases, filtering the latest Bureau of Labor Statistics Producer Price Index release.
High-level, Logan sees evidence of building materials prices climbing.
