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May 2010 Price List Updates Now Available

OREM, 
Utah
 — Saturday, May 1, 2010 — 

The May 2010 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 April 2010 price list publication):

 U.S.Canada
Common Labor and Material 0.63% 0.80%
Billable Labor Rates -0.08% 0.15%
Common Material Only 0.72% 0.58%
Common Lumber Material 3.48% 4.30%
30 yr. Laminated Shingle Labor & Material -0.03% 0.91%
30 yr. Laminated Shingle Material Only 0.08% 0.08%
½” Drywall Installed Ready for Paint -0.90% 0.19%

Pricing research for the May 2010 publication 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 Billable Retail Labor Rates report decreased slightly in the United States and increased slightly in Canada. The Common Material Only report shows increases that are mainly driven by lumber. The Common Lumber Material report increased 3.48 percent in the United States and 4.3 percent in Canada. Since March, the United States increased 12.47 percent and Canada increased 10.98 percent. Lumber mills have decreased production to match reduced demand caused by the stagnant construction industry. The 30-year Shingle Labor and Material reports decreased slightly in the United States and increased in Canada, and the 30-year Shingle Material Only report increased slightly in the United States and Canada. The ½” installed drywall report decreased in the United States and increased in Canada. 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.

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 may 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 https://www.xactanalysis.com/. You can also send emails directly to Xactware’s Pricing Team at:

Gasoline prices increase in the U.S. and Canada

Since the April 2010 publication, gasoline prices have increased 0.82 percent in the United States and 2.96 percent in Canada. Because gasoline prices can change rapidly, Xactware recommends users monitor their local costs to determine whether repair or construction costs or both 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
  Mar 22 Apr 26 Mar 23 Apr 27
Gasoline National Average $2.792 $2.815 $1.015 $1.045

* Canada prices are per liter

Changes to the May price list

Customers can view specific changes to the price lists by logging onto 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 the Download Now button.
  • A window will appear advising you the price lists have been downloaded and are now available for use in Xactimate. Click OK.