Construction costs are surging at double the pace of inflation - Daily Mail


7/11/2022 12:00:00 AM2 years 9 months ago
by Stephen Johnson

Residential construction costs have surged by 10 per cent in a year, almost double the 5.1 per cent inflation pace. Costs of timber and metal in particular are becoming much dearer.

Home construction costs are surging at double the pace of inflation as a series of building companies go bust. Residential building costs surged by 10 per cent in the year to June 2022 as the costs … [+3638 chars]

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