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LOS ANGELES — Homeowners have been spending more on home renovations in current years, as excessive interest rates and stubbornly high inflation drove up prices for every thing from flooring to fridges. The value of building and constructing materialsrose3% in February from a 12 months ago, labor data exhibits. The price of building bricks has jumped 25%, while basic contractors are charging extra amid a shortage of expert employees, Wall Street Journal reporter Rachel Wolfe advised CBS News. “After the first couple months, …