According to the latest Producer Price Index release from the Bureau of Labor Statistics, residential building material prices continued to show growth. Price growth averages above 3.0%, despite concerns in the remodeling and new residential construction market. Across building materials, metal products experienced price increases. However, ready-mix concrete and softwood lumber declined throughout 2025.
“The largest year-over-year price increases continue to show in metal products. Topping the list in November was metal molding and trim, with prices up 48.2% from last year. Two key inputs, ready-mix concrete and softwood lumber, experienced price decreases from last year. Ready-mix concrete prices are down 0.7% compared to a year ago, likely a result of the recent stagnation in construction spending. Softwood lumber prices were down 8.0% in November from last year as prices continue to remain low,” wrote Jesse Wade, CBE, is an economist and director of tax and trade policy analysis for NAHB.
