by Don Magruder The RoMac Whole House Commodity Index (Index) for mid-May 2022 fell 1.9 percent to $57,678, and while this is the second straight month of decline, the collapse in pricing many have hoped for, appears not to be materializing. Overall housing and construction demand remain strong with the multi-family and commercial markets cranking […]
By Don Magruder The RoMac Whole House Commodity Index (Index) for mid-April 2022 fell 10.8 percent to $58,794 which marks the first decline in 2022 and a full retreat to pricing at the start of the year. While the decline is good news for builders and consumers, the markets remain very high in price and […]
By Don Magruder The RoMac Whole House Commodity Index (Index) for mid-March 2022 hit yet another record, jumping 2.9 percent to $65,937. Additionally, the housing demand equation continues to overwhelm capacity and supply and may get worse as the last big blast of winter for most of the northern tier will probably end this week. […]
The RoMac Whole House Commodity Index (Index) for mid-February 2022 hit a record high again soaring 7.5 percent to $64,079 as sheathing and lumber pricing continue to firm coupled with overall inflation in other building material sectors. In January’s report, I cautioned the increases in that month did not bode well for the overall supply […]
By Don Magruder The RoMac Whole House Commodity Index (Index) for mid-January 2022 has hit a record at $59,339 which is 12.4 percent higher than December, and 3.1 percent higher than our previous record-high of June 2021. The one-year comparison to January 2021 looks even worse as it is 29.0 percent higher. This does not […]
By Don Magruder The RoMac Whole House Commodity Index (Index) for mid-December 2021 escalated dramatically as wood commodity products soared in pricing over the last 30 days. The Index increased a whopping 11.3 percent to $52,772 which is 32.0 percent more than one year ago, and only 8.3 percent below the record high level that […]
By Don Magruder The RoMac Whole House Commodity Index (Index) for mid-November 2021 continues to increase for the third month in a row despite some easing in certain segments of the wood commodity markets. Increases in labor, transportation, and steel products continue to provide the inflationary pressures in most sectors. The Index increased 2.2 percent […]
Whole House Commodity Index October 2021 By Don Magruder For the second straight month, the RoMac Whole House Commodity Index (Index) for mid-October 2021, increased in price after two months of significant declines from historically high pricing levels. Needless to say, mid-August was the bottom of the commodity markets, and as dealers and mills burn […]
Whole House Commodity Index September 2021 By Don Magruder After two months of significant price declines in the RoMac Whole House Commodity Index (Index) for mid-September 2021, the Index increased by .9 percent as commodity lumber and sheathing prices increased firmly, cementing a bottom in the markets over the last couple of weeks. This month […]
