Just Like Property Market, Building Costs Are Rising
As per the recent data released in the latest Domain House Price Report, Sydney house prices have increased. It has risen to an average of more than $100,000 in the initial three months of 2022. These figures show the fastest quarterly growth since the records were set in 1993. But it is not just the house prices across the country that are rising at an unprecedented rate but the home building costs are also soaring.