West Palm Beach Housing Prices Increase with Construction Costs
As building materials continue to grow scarce and construction costs increase, the price of new West Palm Beach housing will most certainly be affected.
Cement is one of the primary worries, as it is the foundation of West Palm Beach housing construction and its prices have been rising at about 20 percent every six months. To make things worse, Florida doesn’t produce enough cement in-state to fill its 10 million ton need. Therefore, cement has to be shipped from out-of-state, meaning rocketing fuel prices will continue driving up the cost of cement and West Palm Beach housing currently under construction.
Asphalt shingles and plywood are also increasing in cost by 30 and 40 percent because they are in short supply. “The waiting period for asphalt shingles has also grown to between two and three weeks.”
Cement is one of the primary worries, as it is the foundation of West Palm Beach housing construction and its prices have been rising at about 20 percent every six months. To make things worse, Florida doesn’t produce enough cement in-state to fill its 10 million ton need. Therefore, cement has to be shipped from out-of-state, meaning rocketing fuel prices will continue driving up the cost of cement and West Palm Beach housing currently under construction.
Asphalt shingles and plywood are also increasing in cost by 30 and 40 percent because they are in short supply. “The waiting period for asphalt shingles has also grown to between two and three weeks.”
