Inside Report (6)

Housing prices, already inflated, are sure to be pushed higher still by new contract settlements in the building trades. A tentative settlement between union carpenters and homebuilders was reached this week in California. The new terms: as much as a 10.4 percent hike in wages the first year, plus benefits and another pay raise in 1982. Last week union carpenters in New Jersey ended a seven-week strike by agreeing to $4.75 in wage and benefit improvements over two years.

Meanwhile, 8,000 carpenters are off the job in Massachusetts, demanding a $7. 18-an-hour increase over two years.

Value of projects affected: more than $3 billion in New Jer sey and Massachusetts alone.m

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.