Residential construction costs
Residential construction costs on the rise after a period of low to falling prices, QV CostBuilder data shows
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Residential construction costs on the rise after a period of low to falling prices, QV CostBuilder data shows
Average residential construction costs increased by just 1.2% in 12 months to August according to QV Costbuilder
Average residential construction costs increased by just 1.2% in 12 months to August according to QV Costbuilder
Residential construction cost inflation was 2.7% in year to June, down from the 10.4% peak in 2022
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Residential construction cost inflation was 2.7% in year to June, down from the 10.4% peak in 2022
Residential construction costs are flattening out, reducing the chances of cost blowouts on new builds
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Residential construction costs are flattening out, reducing the chances of cost blowouts on new builds
The size of new homes is declining while the cost of building them keeps going up
Construction costs for stand alone houses and apartments fell slightly in the second quarter, build costs for retirement village units still surging
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Construction costs for stand alone houses and apartments fell slightly in the second quarter, build costs for retirement village units still surging
New homes are getting smaller but the cost of building them is getting bigger