Why Costs Are Rising:
Tariffs on imports, inflation, shipping delays, labor shortages, and stricter building rules are making materials like steel, lumber, and concrete more expensive.
Impact on Homeowners:
Building new homes costs more per square foot.
Renovation and repair projects are pricier and take longer.
Bigger loans and higher insurance premiums are common.
Many homeowners cut back on size, finishes, or features to stay on budget.
What Homeowners Can Do:
Plan early and lock in material prices.
Get multiple contractor quotes.
Use simpler designs or alternative materials.
Keep a buffer (10–20%) in your budget for surprises.
Invest in durable and efficient materials for long-term savings.
Conclusion
Material prices in 2025 are squeezing homeowners, but careful planning, smart choices, and budgeting cushions can reduce the stress. Expect higher costs, plan ahead
, and focus on value over luxury.
