Original article by Nila Sweeney
The Australian Financial Review – Page: Online : 12-Oct-23

CoreLogic’s Cordell Construction Cost Index for the September quarter shows that there was just 0.5 per cent growth in construction costs, making it the lowest since 2015. CoreLogic research director Tim Lawless says that growth in construction costs could ease further in coming months, which could lead to lower inflation; he notes that housing has the biggest weighting in inflation measurement and the cost of new residential owner occupied homes is the largest component of the housing segment.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD

HOUSE CONSTRUCTION – ECONOMIC ASPECTS – AUSTRALIA,[SPACE]INFLATION (FINANCE) – AUSTRALIA]