Xactware News

April 2012 Price List Update Now Available

OREM, 
Utah
 — Tuesday, April 03, 2012 — 

The April 2012 price list updates for more than 460 regions in the United States and Canada are now available for download.

A summary of price changes reported in this update are as follows (national average changes, which have been reported since the March 2012 price list publication and from April 2011 to April 2012):

  Mar to Apr Last Year
  U.S. Canada U.S. Canada
Common Labor and Material 0.14% 0.18% 1.12% 0.93%
Retail Labor Rates 0.07% 0.32% 0.71% 1.25%
Common Material Only 0.06% 0.12% 0.68% 0.30%
Common Lumber Material 0.17% 0.15% 1.59% 1.02%
30-yr. Laminated Shingle Labor and Material -0.14% 0.15% 5.91% -5.93%
Common Drywall Materials 3.68% 3.89% 15.65% 3.43%

Pricing research for the April 2012 publication compared to March 2012 shows the Labor and Material report, which measures common material and labor used in claims and remodeling, increased in the United States and Canada. The Retail Labor Rates, Common Material Only, and Common Lumber Material reports also rose in both countries. The 30-year Laminated Shingle Labor and Material report dropped in the United States and increased in Canada. The Drywall Material Composite report, which contains common drywall materials, rose across North America. The information reported here is based on a national average, and it is important to note that actual changes will vary within each individual pricing market.

It is also important to remember Xactware’s published pricing information is based on recently completed surveys and estimate transactions.

Local market conditions

Xactware makes every effort to ensure pricing information contained in this update represents market costs at the time of publication. Since actual market prices can vary and change rapidly, and since many factors can affect the cost of a project (including — but not limited to — labor, equipment, and material costs as well as the rates and application of sales tax), we strongly recommend customers monitor their local markets for any such changes and adjust their estimate pricing as deemed appropriate.

Pricing feedback

Please report any price changes to Xactware as soon as possible. We will then adjust any information that can be independently verified for inclusion in future price list publications. Pricing feedback can be submitted from Xactimate and online at http://xactnet.com/feedback. You can also send emails directly to Xactware's Pricing Team at:

Gasoline prices increase in the U.S. and Canada

Since the March 2012 publication, gasoline prices have increased 5.29 percent in the United States and 0.76 percent in Canada. Over the last year gasoline prices have increased 8.95 percent in the United States and 5.82 percent in Canada. Because gasoline prices can change rapidly, Xactware recommends users monitor their local costs to determine whether repair or construction costs have been affected.

For further details, see the U.S. Department of Energy website at: www.eia.doe.gov/oil_gas/petroleum/data_publications/wrgp/mogas_history.html.

Comparative prices (national averages) for the last month are as follows:

  U.S. *Canada
  Feb 27 Mar 26 Feb 28 Mar 27
Gasoline National Average $3.721 $3.918 $1.317 $1.327

* Canada prices are per liter

Changes to the April price list

Customers can view specific changes to the price lists by logging on to the eService Center. XactAnalysis customers can see specific changes by viewing the Price List Changes report in the Industry Trend Reports section. This same report can be found in the Featured Highlights section of the eService Center.

Downloading a price list in Xactimate

You must be a registered Xactimate user to access price lists this way:

  • Click Services in the menu bar of the Control Center tab. Select Request Price List from XactNet, and then click Xactware Price List.
  • From the Request Price List window, enter the country, state/province, and city for the price list you would like to download. If you would like to receive the ZIP/Postal code table that goes with the requested price list, then check this box as well.
  • After making your selections, click Download Now.
  • A window will appear advising you the price lists have been downloaded and are now available for use in Xactimate. Click OK.