Building costs levelling out


Anecdotal evidence of costs being stable is confirmed by the latest materials price index from the Department of Trade & Industry.

Revised figures for October and provisional figures for November show little or no change for most categories.

Coated roadstone increased in November after dropping in price in October, while cement recorded an almost imperceptible drop. All the other categories stayed the same. Year-on-year comparisons show that cement has increased by 4.5 points, ready-mixed concrete by 13.2 points, all bricks by 4.5 points and doors and windows by 3.9 points.

Ceramic tiles have dropped in price year-on-year by 10.1 points and fabricated structural steel by one point. Year-on-year comparisons of aggregates are invalid due to the introduction of the Aggregates Levy in April last year.


ADVERTISEMENT

 
ADVERTISEMENT