Roofing Material Cost

The construction and roofing industries are closely tied to economic policies, trade agreements, and government regulations. With Donald Trump back in office, recent policies on tariffs and trade restrictions are already affecting material costs.

At All Point Roofing & Chimney, we understand how rising costs impact homeowners, contractors, and developers alike. Roofing materials, lumber, steel, and other essential supplies are seeing price fluctuations, which could significantly affect the cost of new construction, renovations, and repairs. Here’s what you need to know.

Tariffs and Their Impact on Construction Materials

One of the most significant policy changes under Trump’s administration is the reintroduction of tariffs on imported steel, aluminum, and lumber. These tariffs are aimed at promoting domestic production, but they also drive up the costs of essential building materials.

  • Steel and Aluminum: Trump has reinstated a 25% tariff on imported steel and a 10% tariff on aluminum. This means higher costs for metal roofing, structural framing, and other essential construction components. The National Association of Home Builders (NAHB) estimates that these tariffs alone could add $17,000 to $22,000 to the average cost of a new home.
  • Lumber Prices: Although the U.S. produces its own lumber, tariffs on Canadian softwood lumber are expected to keep prices elevated. This will affect roofing plywood, framing materials, and decking, making construction projects more expensive overall.

Roofing Material Costs on the Rise

For homeowners and businesses looking to replace or install a new roof, material costs are expected to increase across the board. Here’s a breakdown of how different roofing materials are being impacted:

  • Asphalt Shingles: The most common roofing material in the U.S., asphalt shingles rely on petroleum-based products. With fluctuations in oil prices and supply chain disruptions, shingle costs have increased by 10-15% in the last year.
  • Metal Roofing: With tariffs on steel and aluminum, expect metal roofing prices to rise significantly. Contractors are already seeing a 20% increase in metal roofing costs, affecting both residential and commercial projects.
  • Slate and Tile Roofing: While not directly impacted by tariffs, shipping and labor shortages have led to delays and cost increases of 8-12% for high-end roofing materials.
  • Flat Roofing (EPDM, TPO, PVC): Commercial roofing systems that use synthetic materials are affected by rising oil prices and supply chain bottlenecks, leading to a 12-18% increase in costs.

Broader Construction Market Implications

Beyond roofing, other essential building materials are also affected:

  • Concrete and Cement: With increased transportation costs and raw material shortages, expect price hikes for foundations and masonry work.
  • Windows and Doors: The cost of glass and metal components used in windows and doors is increasing due to supply chain disruptions and tariffs.
  • Plumbing and Electrical Materials: Copper wiring, PVC piping, and other essential construction materials are seeing price increases of 8-15% due to global supply chain issues.

How to Navigate Rising Material Costs

At All Point Roofing & Chimney, we’re committed to helping homeowners and contractors manage these rising costs. Here are some steps you can take:

  1. Plan Ahead: If you’re considering a roofing or renovation project, start early. Prices are likely to increase, so locking in a contract now can save you money.
  2. Consider Alternative Materials: If metal roofing is too expensive, high-quality asphalt shingles or composite materials may offer a more budget-friendly option.
  3. Work with Trusted Suppliers: Partnering with established contractors like us ensures you get the best possible pricing and materials, even during market fluctuations.

Final Thoughts

The impact of Trump’s economic policies on the building market is undeniable. Tariffs, supply chain disruptions, and increased demand are all contributing to higher material costs. Whether you’re a homeowner planning a roofing project or a contractor managing multiple builds, staying informed is key.

At All Point Roofing & Chimney, we’re dedicated to providing quality roofing services at competitive prices. Contact us today for a consultation and let’s discuss how to navigate these market changes while ensuring the best results for your project.

For more industry updates, visit NAHB or MarketWatch for the latest on construction material costs.