WHOLE HOUSE COMMODITY INDEX – February 2017 by Don Magruder, CEO of RoMac Building Supply In last month’s Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index), I wrote the following: “My cracked crystal ball still shows higher prices and volatility. Builders should include a price escalation clause in their contracts to protect them for periods […]
WHOLE HOUSE COMMODITY INDEX – January 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for January 2017 increased 0.3 percent to $31,334.60. Concrete and rebar prices edged upward while other commodities were mixed. The general tone in the building supply sector is for increasing prices and […]
WHOLE HOUSE COMMODITY INDEX – December 2016 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for December 2016 jumped 1.1 percent to $31,236 as unexpected strength in wood commodities lifted the total Index. The stock market has been on a tear since the election and many […]
WHOLE HOUSE COMMODITY INDEX – November 2016 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for November 2016 declined 0.7 percent to $30,889.33, as the markets tried to digest the future of housing in light of the surprising presidential election results. A stubbornly inconsistent housing market […]
WHOLE HOUSE COMMODITY INDEX – October 2016 by Don Magruder, CEO of RoMac Building Supply Home builders dodged a large bullet on October 6, 2016, when Hurricane Matthew wobbled east about 30 miles, just off Florida’s coast, and averted what could have a been a natural disaster of epic proportions. A wobble or veer west by Matthew […]
WHOLE HOUSE COMMODITY INDEX – September 2016 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for September 2016 fell as wood commodities offset any gains from other building products. Tropical rains, with no accompanying storms, have slowed the construction pace leaving some to wonder if the […]
WHOLE HOUSE COMMODITY INDEX – August 2016 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for August 2016 gyrated in place, with various fluctuations, which at the end left the Index flat. This could be a sign that the housing market is cooling as some sectors […]
WHOLE HOUSE COMMODITY INDEX – July 2016 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for July 2016 increased 0.2 percent to $31,260.28 and this marks the fifth consecutive monthly increase. The increases this month were primarily from an escalation in sheathing prices as most other […]
WHOLE HOUSE COMMODITY INDEX – June 2016 by Don Magruder, CEO of RoMac Building Supply For June 2016, the Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) increased 0.7 percent to $31,209.58, which represents a four-month streak of increases. While the increase over the last 30 days was modest and many costs seemed to have […]
