Now could be the best time to build a house after costs fall for the first time in more than a decade. 

Corelogic's Construction Cost Index shows building costs have dropped 1.1% in the three months to June. 

It looks at the price of labour, material, plant hire, and subcontract services.

Certified Builders Chief Executive Malcolm Fleming told Ryan Bridge that global supply chains are no longer disrupted. 

He says costs are returning to pre-pandemic levels while manufacturers and distributors are being more competitive.

LISTEN ABOVE

Now could be the best time to build a house after costs fall for the first time in more than a decade.  
Corelogic's Construction Cost Index shows building costs have dropped 1.1% in the three months to June.  
It looks at the price of labour, material, plant hire, and subcontract services. 
Certified Builders Chief Executive Malcolm Fleming told Ryan Bridge that global supply chains are no longer disrupted.  
He says costs are returning to pre-pandemic levels while manufacturers and distributors are being more competitive. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Malcolm Fleming: Certified Builders CEO on house building costs falling after more than a decade

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/50b0f705-b5a2-422f-8ec5-b1a90144de73/transcript

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