Did asphalt shingles go up in price?

Did asphalt shingles go up in price?

Did asphalt shingles go up in price?

Effective January 17, 2022 CertainTeed will increase prices on all residential roofing shingle and accessory products by up to 7% effective as of January 17, 2022. This is due to continuing increase in cost of the raw materials to manufacture asphalt shingles.

Why are shingle prices going up?

Manufacturer prices are continuously rising due to the increased cost of the raw materials (like oil) most roofing materials require during the manufacturing process.

How much would shingles on a roof cost on 1200 a sq ft?

Roof Shingle Cost per Square Foot

Size of roof Cost
1,200 sq.ft. $4,200-$6,600
1,500 sq.ft. $5,250-$8,250
1,700 sq.ft. $5,950-$9,350
2,000 sq.ft. $7,000-$11,000

Is there a roof shingle shortage?

Shutdowns in early 2020 caused severe inventory shortages for roofing supplies manufacturers. Couple that with a record-breaking storm season, and you have market conditions that the U.S. roofing industry has never been seen before. Production shortfalls of roof shingles are expected to continue for most of 2021.

What is the difference between 30-year and 50-year shingles?

By saying this, you might already realize that the difference between a 30-year shingle and a 50-year one is how long the product is guaranteed to last. In other words, 30-year architectural shingles are covered by the manufacturer from any unforeseen defects that could occur once the shingles are installed.

Why are new roofs so expensive?

Tile and Asphalt are the most used materials for roofing, and they’re manufactured with the usage of concrete, clay or oil. The rise of oil prices can directly impacted asphalt shingles to become more costly. Furthermore, the cost of disposing old and damaged materials has also increased in the recent years.

What is the difference between 30 year and 50 year shingles?

Will the price of shingles come down?

Roofing Supplies Shortage Continues: Prices Expected to Rise Through 2021. Roofing supplies shortage caused by COVID shutdowns mean rising prices for 2021.

How long do 40 year shingles really last?

Vented properly and installed correctly, you should get around 80-85% of the life span out of an asphalt roof. That means you can expect to get about 20-22 years out of your 3-tab shingle roof and 25-28 years out of your dimensional shingles.