Monday, June 12, 2006

LATimes.com -"Through the roof" (6-11-06)

"As building-material costs soar, homeowners are scaling back on remodels."

"Since April 2005, the price of copper pipe and tubing has risen nearly 71%; the gypsum products used in drywall, 24%; asphalt shingles for roofing, 19%; and ready-mix concrete for foundations, 12%, according to Reed Construction Data, a construction information company based in Norcross, Ga. The exceptions are framing lumber, which stabilized after rising sharply in 2004 and 2005 and is down 5%, and plywood, down 2%."


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