Property owners are facing inflation pressures. The National Home Builders reported in December 2021 that prices of goods used in home construction climbed 0.9%. Building material prices increased 13.5% year to date, after increasing 5.1% during the same period in 2020. Prices have been erratic. Lumber prices reached the highest of about $ 1,500 per 1,000 board feet. Rising prices are driving premium increases. The retail brokerage said 85% of policy holders saw a premium increase.