News

Record high building costs expected to surge further

Monday 17th of October 2022

CoreLogic’s Cordell Construction Cost Index shows the cost to build a standard 200m2 three-bedroom, two-bathroom single-storey brick and tile house increased by 3.4% in the third quarter, exceeding the 2.6% rise recorded over the three months to June. Annual growth reached 9.6%, almost two percentage points higher than  the 7.7% increase in the year to June.

CoreLogic chief p...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.