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Xactware Publishes May 2013 Price List

OREM, 
Utah
 — Wednesday, May 1, 2013 — 

The May 2013 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 April 2013 price list publication and from May 2012 to May 2013):

 Apr. to MayMay 2012 to May 2013
 U.S.CanadaU.S.Canada
30-Yr. Laminated Shingle Labor and Material 2.31% 3.70% 0.63% -1.35%
Common Drywall Materials 0.00% 0.00% 13.08% 4.87%
Common Labor and Material 0.30% 0.38% 3.54% 3.51%
Common Lumber Material 1.36% 1.31% 23.49% 16.89%
Common Material Only 0.28% 0.22% 4.66% 3.28%
Retail Labor Rates 0.35% 0.71% 1.56% 2.05%

 

Pricing research for the May 2013 publication, when compared to April 2013, shows the Labor and Material report, which measures common material and labor used in claims and remodeling, increased in both the United States and Canada. In addition, the Common Drywall Materials, Common Lumber Material, Common Material Only, Retail labor Rates, and 30-year Laminated Shingle Labor and Material reports all increased in both the United States and 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. It is also important to remember Xactware’s published pricing information is based on recently completed surveys and estimate transactions.

Price List Support for Superstorm Sandy

Each regularly published price list within the geographic regions affected by Superstorm Sandy will contain all current updates related to the storm’s impact.

Impact since landfall:
  All Impacted StatesNew York and New Jersey
  Common repairs 3.6% 4.2%
  Key labor trades 6.6% 8.7%
  Key materials -0.1% 1.2%

 

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.

Gasoline prices decreased in the U.S. and in Canada

Since the April 2013 publication, gasoline prices have decreased 4.35 percent in the United States and 3.32 percent in Canada. When compared to May 2012, gasoline prices have decreased 8.09 percent in the United States and 5.23 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.

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

 U.S.*Canada
  Mar 25 Apr. 29 Mar 26 Apr 23
Gasoline National Average $3.680 $3.520 $1.294 $1.251

* Canada prices are per liter

Changes to the May 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.

Pricing feedback

Pricing feedback is one of the ways Xactware ensures that the cost information reported reflects actual market prices. It is highly valuable to both Xactware and you, as a user. Unless an estimate assignment is returned to XactAnalysis (i.e., program work), Xactware does not receive automatic feedback. Estimates written outside program work can return feedback by regularly running the feedback utility within Xactimate, XactRemodel, or XactPRM. To run the feedback utility:

  1. Click Services in the menu bar of the Control Center tab.
  2. Select Feedback and then click Yes.

This will process and package information from all estimates that have not previously been collected via feedback or completed assignments. Your feedback information will be sent to Xactware the next time you connect to XactAnalysis.

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. You can submit pricing feedback online or via email to Xactware’s pricing team at:

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.