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Xactware Publishes August 2016 Price List

LEHI, 
Utah
 — Monday, August 1, 2016 — 

The August 2016 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 is as follows (this percent change is based on the national averages that have been reported since the July 2016 price list publication and from August 2015 to August 2016):

 

July to August

August 2015 to August 2016

 

U.S.

Canada

U.S.

Canada

30-yr. Laminated Shingle Labor and Material

0.31%

0.07%

2.79%

2.53%

Common Drywall Material 

0.00%

0.00%

0.03%

0.06%

Common Labor and Material

0.21%

0.11%

1.17%

2.10%

Common Lumber Material

0.55%

0.57%

-3.37%

3.44%

Common Material Only

0.10%

-0.01%

0.34%

2.51%

Retail Labor Rates

0.32%

0.25%

2.87%

2.80%

Pricing research for the August 2016 publication shows that the figures in the Labor and Material report, which measures common material and labor used in claims and remodeling, increased slightly in the United States and Canada when compared to July 2016. This is also true of the 30-year Laminated Shingle Labor and Material report, the Common Lumber Material report, and the Retail Labor Rates report. Figures in the Common Material Only report increased in the United States and decreased slightly in Canada. The Common Drywall Material report showed no change 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 that 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.

Gasoline Prices in the U.S. and Canada

Since the July 2016 publication, gasoline prices decreased 6.31 percent in the United States and 4.74 percent in Canada. When compared to August 2015, gasoline prices decreased 20.51 percent in the United States and 13.51 percent in Canada. Because gasoline prices can change rapidly, Xactware recommends users monitor their local costs to determine whether repair or construction costs are 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*

 

June 27

July 25

June 28

July 26

Gasoline National Average

$2.329

$2.182

$1.075

$1.024

                                                                                                                                * Canada prices are per liter

Contents Update

Since the last price list update, the XactContents pricing team continued to improve the master item list in both the United States and Canada. They added four new vendors: Airgun Depot, Lace Wigs, T.J.Maxx, and Paragon Sports. They also added new general quote items for 3D printers.

United States

Vendors

80

General Quote Items

 6,065

Master Item List Items

 14,385,359

Retired Items

 299,349

 

Canada

Vendors

19

General Quote Items

 6,046

Master Item List Items

 3,246,852

Retired Items

 174,726


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.

Pricing feedback

Pricing feedback is one of the ways Xactware ensures that the reported cost information reflects actual market prices. Users writing estimates outside program work can return feedback by regularly running the feedback utility within Xactimate, XactRemodel, or XactPRM. To run the feedback utility:

  • In Xactimate:
    1. Click the Xactimate tab.
    2. Select Tools.
    3. Under Services, click Feedback.
    4. Click Yes.
  • In XactRemodel:
    1. Click the XactRemodel tab.
    2. Select Tools.
    3. Under Services, click Feedback.
    4. Click Yes.
  • In XactPRM:
    1. Select the Feedback button in the left menu options.
    2. Click Yes

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

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

Downloading a price list in Xactimate version 28

If you are a registered Xactimate user, you can download price lists in four steps:

  1. In Xactimate, Click Price List tab in the main dashboard.
  2. Click Request Price List(s) on the menu bar. 
  3. In the “Data Transfer Price List” dialog box, enter the country, state or province, city, and profile for the price list you would like to download.
  4. After making your selections, click Download.

A window will appear advising you the price lists have been downloaded and are now available for use in Xactimate. Click OK.