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August 2012 Price List Update Now Available

OREM, 
Utah
 — Wednesday, August 1, 2012 — 

The August 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 (this percent change is based on the national averages that have been reported since the July 2012 price list publication and from August 2011 to August 2012):

 July to Aug.Aug. 2011 to Aug. 2012
 U.S.CanadaU.S.Canada
Common Labor and Material 0.13% 0.07% 1.50% 1.62%
Retail Labor Rates 0.15% -0.11% 0.67% 2.43%
Common Material Only 0.08% 0.07% 1.51% 0.75%
Common Lumber Material 0.35% 0.32% 9.73% 4.07%
30-Yr. Laminated Shingle Labor and Material 0.09% 0.24% 1.72% 0.06%
Common Drywall Materials 0.00% 0.00% 18.65% 8.37%

Pricing research for the August 2012 publication compared to July 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 as did the Common Material Only, Common Lumber Material, and 30-Year Laminated Shingle Labor and Material reports. Retail Labor Rates increased in the United States but decreased in Canada. While drywall increased from last year, it showed no change from the last publication in either country. 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 through 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 July 2012 publication, gasoline prices have increased 1.66% in the United States and 4.45% in Canada. Over the last year, gasoline prices have decreased 5.54% in the United States and increased 0.86% 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.

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

 U.S.*Canada
  25-June 23-July 26-June 24-July
Gasoline National Average $3.437 $3.494 $1.237 $1.292

* Canada prices are per liter

Changes to the August 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.

Contents Update

XactContents is now publishing data from a new Canadian vendor: The Source. 

Total Vendors 64
Retired Items 95,842
U.S. Master Item List Items 4,615,991
Canada Master Item List Items 92,638

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 XactAnalysis, and then click Xactware Price List.
  • From the "Request Price List" window, enter the country, state or province, and city for the price list you would like to download. 
  • 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.