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Higher construction costs stifling housing delivery

Hoca

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High construction costs mean housebuilding productivity has flatlined in the past few years, research by property development specialist, APRAO, has found. The cost of materials has climbed by an average of 33.2% versus the pre-pandemic landscape, which is making it more financially challenging to keep producing homes at a rapid pace. Insulating materials (+61.4%), pre-cast […]

The post Higher construction costs stifling housing delivery appeared first on PropertyWire.
 
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