CONSTRUCTION MATERIAL PRICES CONTINUE TO FALL IN NOVEMBER AS COSTS FOR KEY COMPONENTS DROP AND THREAT OF FISCAL CLIFF DAMPENS DEMAND

WASHINGTON, D.C. – December 13, 2012 – (RealEstateRama) — Construction materials costs dropped in November, aided by a plunge in diesel prices along with smaller decreases in a variety of other inputs, according to an analysis of new federal figures released today by the Associated General Contractors of America. Association officials noted that some of the price declines may be related to the fact that the threat of the fiscal cliff is already having an impact on demand for construction and related materials.