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Market forecast

By: Language: English Series: Building ; 273(8514) 1 February 2008, 64-66(3)Publication details: 2008Subject(s): Summary: Davis Langdon's Tender Price Index reveals building prices in London increased steadily in 2007, ending the year 6% up on 2006. Most other regions had a similar rate of inflation. The Building Cost Index increased 4.9% in 2007, lower than the previous three years, although a rise is predicted over 2008. The Retail Prices Index reached a 4% annual inflation rate in 2007 and is forecast to drop to 2.5% by the end of 2008. Article includes general trends and forecasts for the construction industry, including materials prices and market characteristics. Also provides a report on the economy and the credit crunch.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L142331 (Browse shelf(Opens below)) 1 Available 142331-1001

Davis Langdon's Tender Price Index reveals building prices in London increased steadily in 2007, ending the year 6% up on 2006. Most other regions had a similar rate of inflation. The Building Cost Index increased 4.9% in 2007, lower than the previous three years, although a rise is predicted over 2008. The Retail Prices Index reached a 4% annual inflation rate in 2007 and is forecast to drop to 2.5% by the end of 2008. Article includes general trends and forecasts for the construction industry, including materials prices and market characteristics. Also provides a report on the economy and the credit crunch.