Housing Inflation? Construction Materials Rising At 34.7% YoY In November While Median Price Of New Home Sales Rose 18.8%

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by confoundedinterest17

Well, at least construction materials are growing more slowly than energy prices!

The Producer Price Index for Construction Materials rose at a 34.7% YoY pace in November.

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So it is no surprise that the median sales price for new homes rose 18.8% YoY in November.

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