NEW YORK, Dec. 18, 2018 /PRNewswire-PRWeb/ -- A new study from TilesforMyHome.com says that prices for granite and marble prices have remained constant for 2018. In fact, big box retailers have even seen a small drop in prices for Q3 and Q4. This small drop may be attributed to a slowing real estate market in most of the United States.
China is a major supplier of granite tiles in the United States and many industry analysts expected recently enacted tariffs to raise prices. Domestic granite production in the U.S. is minimal but a large segment of retail inventory is also imported from Brazil and India.
Despite the tile market remaining relatively unchanged, there has been a disruption in some parts of the industry. Granite slabs and countertop prices have increased substantially. Major big box retailers are charging as much as 20% more than last fiscal year for large slabs of stone. The price increase is also seen in the quartz and marble stone markets.
In 2018, importers have been forced to learn several new tariff classifications for the natural stone market. The new tariff classifications have become increasingly focused on details such as surface coating and thickness. Countertops and large slabs are certainly impacted more by such regulations.
Tiles For My Home is working hard to provide the lowest prices to consumers regardless of customs duties. Unlike any other retail outlet, Tiles For My Home promises to beat the price of every competitor. Customers are also guaranteed 100% satisfaction by Tiles For My Home.
Luxury hotels, condominium developments and home builders across the world purchase tiles from the same factory that TilesforMyHome.com uses. The tiles are natural stone and available in nearly any color. Order sizes are customizable and samples can be ordered easily on the website.
SOURCE Tiles For My Home
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