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Construction price rises steady: Australia to benefit from stability, RLB says

Michael Bleby

A likely slowdown in the east coast housing construction market is ushering in period of stable price growth in the industry that home builders are welcoming.

The latest construction pricing forecasts from quantity surveying firm RLB show that cost escalation on the east coast will be steady over the next four years, while Perth will pick up to more normal levels after years of slump.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/construction-price-rises-steady-australia-to-benefit-from-stability-rlb-says-20171012-gyzprq