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Cordell

Model construction site
Residential construction costs up by less than 1% in year to February
Residential construction cost inflation back to near zero after several years of high cost growth
9th Apr 25, 12:01am
by Greg Ninness
1
Residential construction cost inflation back to near zero after several years of high cost growth
Timber framing
Construction conditions look set to improve in 2025 with lower mortgage rates and build costs under control
The cost of building a standard three bedroom house rose just +1.1% in the 2024 year, down from 2023’s rise of +2.4% and well below the spike of +10.4% in 2022
10th Jan 25, 12:01am
by admin
12
The cost of building a standard three bedroom house rose just +1.1% in the 2024 year, down from 2023’s rise of +2.4% and well below the spike of +10.4% in 2022
Timber framing
Residential building costs are declining for the first time in at least 12 years
The cost of building a standard three bedroom house declined by 1.1% in the June quarter
11th Jul 24, 1:00am
by Greg Ninness
73
The cost of building a standard three bedroom house declined by 1.1% in the June quarter
Model of building site
Residential construction costs inflation down to 2.3% in year to March
Residential construction costs are flattening out, reducing the chances of cost blowouts on new builds
8th Apr 24, 6:10pm
by Greg Ninness
7
Residential construction costs are flattening out, reducing the chances of cost blowouts on new builds