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Construction material costs surge; Single-family lots hit record price; Mortgage applications decline

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Government and trade group data showed construction firms face among the nation's steepest hikes for materials and related costs. (Getty Images)
Government and trade group data showed construction firms face among the nation's steepest hikes for materials and related costs. (Getty Images)
CoStar News
July 16, 2025 | 10:35 P.M.

Construction material costs surge

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