Construction material costs slowing

Apr 13, 2023 | Economy, Latest News, Property

13.4.23 The latest Cordell Construction Cost Index (CCCI) shows construction costs rose 0.6% in the March quarter, well below the average quarterly increases of 2% recorded in 2021 and 2022. Meanwhile, the annual growth rate has dipped from a record high of 10.5%, to 8.5% in the three months to March. CoreLogic Chief Property Economist Kelvin Davidson said […]

 


 

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