Subject: Momentum returns to the building sector

⚡️ Highlights:

1. The Cordell Construction Cost Index (CCCI) recorded a 1.0% increase in construction costs nationally in the December 2025 quarter, the strongest quarterly growth of the year.

2. Annual growth over the 12 months to December was 2.5%, down from the 3.4% annual increase recorded at the end of 2024, and the smallest annual rise since March 2002.

3. Western Australia (WA) and South Australia (SA) led the nation with the strongest quarterly increases in construction costs, each rising by 1.2% in the December quarter.

4. Material pricing shifts, including structural timber products and cement sheeting products, contributed to the overall index rise in the December quarter.

5. The construction sector outlook for 2026 includes challenges such as cost volatility, labour constraints, and supply chain adjustments, with careful monitoring of material pricing and workforce availability being critical for navigating the year ahead.

✍️ Corelogic | Full Article

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