Earthmovers & Excavators

Construction costs

CoreLogic’s Cordell Construction Cost Index (CCCI) for Q3 2022 showed national residential construction costs increased at a record rate in the year to September 2022, rising by 11 per cent, while the quarterly figure of 4.7 per cent was nearly double that of the previous quarterly figure of 2.4 per cent.

The most recent quarter’s figure was also above the 3.8

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