Construction costs set to increase steeply over the next five years
Construction Costs News:-Building costs are forecast to rise by 20 percent over the next five years, according to calculations by the Royal Institution of Chartered Surveyors', RICS, consultant panel. The is set against a backdrop of increased new work output activity of 21 percent from 2019 to 2023 claims RICS' business construction information service, BCIS. https://www.youtube.com/watch?v=C1-k6Ika-0Q&t=1s BCIS predicts a 3 percent rise over each of the first two years, then a 4 percent rise in the third year followed by [...]