Credit: vallefrias/Adobe Stock
After years of inflation resulting from the COVID-19 pandemic, homeowners insurance professionals can take a small breath of relief. Pricing for some building materials is remaining consistently flat for the first time since 2020.
The latest data from our company, itel, which manages pricing data for building materials to help property insurers accurately settle claims, show that siding, flooring and roofing prices have mostly held steady for more than a year, following several years of significant inflation.
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