11% decline in construction tender prices in a year, but rate is slowing

CONSTRUCTION tender prices have fallen by 11% over the last 12months as the sector continues to decline, new figures from the Society of Chartered Surveyors show.

11% decline in construction tender prices in a year, but rate is slowing
Mon, 04 Oct, 2010 - 01:00
Brian O'Mahony

The rate of decline is starting to slow down.

The latest index shows prices decreased 3.7% over the first six months of 2010, but that is almost half the fall in the second half of last year.

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