The Ro-Mac Lumber Whole House Commodity Index originated in 2005. Each month, Don Magruder, CEO of Ro-Mac Lumber & Supply, releases the updated Index, which is based on wholesale costs of the base components to build a 2,200 square foot wood frame home with a concrete stem wall in Central Florida. The Index includes foundation, metal, concrete, block, stucco, cement, wood framing, siding, sheathings, trusses, roofing, drywall, insulation, windows, doors, trim, garage doors, and most building hardware. It does not include décor, electrical, plumbing, mechanical, landscaping, or labor. Because the Index uses current wholesale costs, this should be a strong indicator of the direction of building prices for the next 30-45 days.
To sign-up for the Whole House Commodity Index and other free market reports from Ro-Mac Lumber & Supply, please click here.
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