The cost of key materials used for building homes has increased by 6.7% over the previous year, according to a new survey.Homebuilders who responded to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) survey for July 2026 reported steep increases in material costs, with smaller builders absorbing the biggest hit.In the survey, 28.4% said that materials increased by …
Homebuilders See Materials Costs Jump 6.7% in a Year
