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Market forecast

By: Language: English Series: Building ; 273(8527) 2 May 2008, 68-70(3) Publication details: 2008Subject(s): Summary: Davis Langdon's Tender Price Index reveals a continued increase in building prices in Greater London in the first quarter of 2008, although the rate of increase slowed. Prices are expected to rise 4-7% in the next year, although some regions could show lower rates of inflation. The Building Cost Index increased by 4.3% over the year to the first quarter of 2008, the lowest figure for four years, and the rate of interest in the Retail Prices Index dropped below 4%. 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 L143409 (Browse shelf(Opens below)) 1 Available 143409-1001

Davis Langdon's Tender Price Index reveals a continued increase in building prices in Greater London in the first quarter of 2008, although the rate of increase slowed. Prices are expected to rise 4-7% in the next year, although some regions could show lower rates of inflation. The Building Cost Index increased by 4.3% over the year to the first quarter of 2008, the lowest figure for four years, and the rate of interest in the Retail Prices Index dropped below 4%. 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.