Should you look into building a house?
CoreLogic’s latest Construction Cost Index suggests that outside of Covid, the price to build is the lowest it’s been since 2012.
Costs are rising at one of the slowest rates on record, with only 0.9% over the last year.
Generation Homes CEO Craig Hopkins told Mike Hosking the sectors’ greatest competition is the pre-existing market, with around 33,000 houses currently up for sale.
However, he says, as far as building a house, now is the perfect time to do so.
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The Mike Hosking Breakfast