9 Feb 2022

Construction costs rising with no end in sight

From Morning Report, 7:10 am on 9 February 2022

The cost of building is going through the roof and the latest outlook shows there's no let-up in sight.

CoreLogic predicts construction costs could surpass the peak of 2017 and reach double digit growth for a sustained period of time due to supply chain disruption and record building consents.

Those on the building frontline say costing projects is like crystal ball gazing and some are going on hold.

Amy Williams reports.