PRICES FOR KEY CONSTRUCTION MATERIALS FALL IN AUGUST, EVEN AS ANNUAL MATERIALS COST INCREASES OUTSTRIP BUILDING PRICES

WASHINGTON, D.C. – September 14, 2011 – (RealEstateRama) — The amount contractors pay for a range of key construction materials declined in August, but contractors continue to be squeezed as materials cost increases have outstripped the price of finished buildings over the past year, according to an analysis of producer price index figures released today by the Associated General Contractors of America.