In today’s market, we’re seeing US construction lead times stretch to 100 weeks, shaped by pressures felt worldwide. Recent shifts in metals pricing—aluminium, for example, dipped briefly during a ceasefire but surged again as renewed tensions affected Strait of Hormuz shipping routes. Nickel is climbing as Indonesian shipments slow, and concrete costs continue to rise due to increased energy, transportation, and raw material expenses, though the effects vary locally. Even insulation isn’t immune, with petroleum-based polyiso boards seeing price hikes of approximately 5%-8%—adding to previous increases of 6%-12%. Gypsum and steel stud manufacturers have announced new price bumps as well, driven by material and energy costs, though softer residential demand is helping to limit some of the impact. Meanwhile, lumber hit a four-year high, with Canadian tariffs and mill cutbacks tightening supply, though there are hints of relief ahead.
For those navigating homeownership or investment decisions, it’s essential to understand how these factors may shape your plans and timelines. Our commitment at The Brooks Group is to guide you through every step, with transparency and deep market insight—so your goals remain at the center, even as the landscape evolves.
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