Home Building Costs Increase



A new report from the National Association of Home Builders shows the costs of constructing a single-family home were much higher when compared to 2011, reaching $246,553 last year compared with just $184,125 in 2011. Much of this cost was due to an increase in the price of lumber, as framing and trusses account for […]

Construction Costs Climb, Housing Market Index Shows Discouragement



The cost of construction materials in the US has been climbing continuously since the beginning of 2013. In April, a combination of limited land availability and rising construction costs led to the discouragement of professionals in the home building industry.

Asia-Pacific Region Is Cheapest in the World for Building Property



The annual Construction Costs Comparison Report by EC Harris Research has found that countries in the Asia Pacific region have far lower building costs than comparable Western countries, even though countries in Asia have experienced significant economic growth. This report is now into its seventh year, and compares building costs per square meter in 56 […]

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