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Xactware News

November 2011 Price List Update Now Available

OREM, 
Utah
 — Tuesday, November 1, 2011 — 

The November 2011 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 October 2011 price list publication and from November 2010 to November 2011):

 Oct to NovOct 2010 to Oct 2011
 U.S.CanadaU.S.Canada
Common Labor and Material -0.07% -0.21% 1.25% 0.86%
Retail Labor Rates 0.07% 0.33% 1.22% 1.19%
Common Material Only -0.38% -0.49% 0.77% 0.65%
Common Lumber Material 0.86% 0.54% -0.54% -0.72%
30-yr. Laminated Shingle Labor and Material -0.05% -0.04% 7.00% -5.19%

Pricing research for the November 2011 publication compared to October 2011 shows that the Labor and Material report, which measures common material and labor used in claims and remodeling, decreased in the United States and Canada, while the Retail Labor Rates report increased. The Common Material Only report decreased throughout North America, and the Common Lumber Material report increased. Meanwhile, the 30-Year Laminated Shingle Labor and Material report decreased slightly in both countries. 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 https://www.xactanalysis.com/. You can also send emails directly to Xactware's Pricing Team at:

Gasoline prices decrease in the U.S., remain steady in Canada

Since the October 2011 publication, gasoline prices have decreased 1.34 percent in the United States and increased 0.08 percent in Canada. Over the last year, gasoline prices have increased 22.9 percent in the United States and 18.21 percent in Canada. Because gasoline prices can change rapidly, Xactware recommends users monitor their local costs to determine if 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
  Sept 26 Oct 24 Sept 27 Oct 25
Gasoline National Average $3.509 $3.462 $1.239 $1.240

* Canada prices are per liter

Changes to the November 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.