Oct
09

Expect Construction Prices to Firm in the Near Term

By
– Reed Construction Data

Although construction prices are still well below year-ago levels, there are signs that the recent uptrend in housing demand, and in domestic demand generally, is causing prices to start to firm.

This view is based on the fact that while the CanaData Construction Price Index in August was down by 6.5% compared to its year ago level, over the past three months it’s only dipped by 1.3%.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.reedconstructiondata.com/news/2009/10/expect-construction-prices-to-firm-in-the-near-term/?NID=4842
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