Verisk Industry Trends for August 2019

These percent changes are based on the averages that have been reported since the July 2019 price list publication and from August 2018 to August 2019. 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.

For more information about these trends over a longer period of time, read the Quarterly Pricing Trends or the Annual Property Report.

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 2019 publication, gasoline prices increased 0.07 percent in the United States and decreased 0.08 percent in Canada. When compared to August 2018, gasoline prices decreased 4.6 percent in the United States and 7.51 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.

* Canada prices are per liter

XactContents pricing 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: Costway, Forzieri, Wholesale Furniture Brokers, and Olympus Canada.

United States