Builders are getting more expensive - 2004 - Experian Global News Release 19 November 2004 (2) .

According to Experian, the global economic forecasting group, in its latest "Construction output price indicators" house construction costs will rise by 16% in the coming year - almost seven times the rate of inflation. Increasingly higher rates commanded by skilled labourers, combined with escalating costs of brown field reclamation as well as local planning constraints, are rendering new build less viable - and this raises questions about the government's target for widespread affordable new housing in London and the southeast of England. http://press.experian.com/documents/showdoc.cfm


CONSTRUCTION COSTS
BUILDING COSTS
LABOUR COSTS