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June 27, 2024

  • Custom Home Market Update – June 2024

    Thursday, 27 June 2024by RES Contracting

    Inflation Slows But Costs Keep Rising As we progress into Q2 2024, it’s essential to reflect on the custom home building market’s current state. While inflation has eased from the pandemic’s peak, construction costs continue to rise. Recent government data reveals a 2.3% increase in residential construction input prices from April 2023 to April 2024. Read more…

    Published in Blog Market Update
  • Prescott Custom Home Market Report: Q4 2022

    Tuesday, 28 February 2023by RES Contracting

    The residential housing market has experienced drastic changes over the course of 2022. With sky-high prices at the beginning of the year to decrease and a general stabilization towards the end of the year, custom home builders have seen it all.  Luckily, the last quarter of 2022 and outlooks for 2023 paint a more positive Read more…

  • Prescott Custom Home Market Report: Q3 2022

    Tuesday, 1 November 2022by RES Contracting

    Residential Construction Materials Prices Construction materials prices continued to increase during July, August, and September of 2022. However, the increase has been much slower than in previous quarters of this year. According to the MCP Group, construction cost growth is “expected to be 1% – 2% per month for the remainder of 2022,” while “relief Read more…