Wallboard prices fall due to weak housing market
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Prices for gypsum wallboard are finally succumbing to the weak housing market according to the upcoming issue of Engineering News Record. ENR’s 20-city average price for 1/2-inch wallboard declined 2.3% this month, dropping the year-to-year price increase to 5%. According to the Bureau of Labor Statistics, wallboard year-to-year price increases declined from 14% last October to just 3% in January.
