Cost of building materials sees marginal drop

The benchmark index for the cost of construction materials in Cyprus, that in addition to market demand also determines the value of newly built residential and commercial properties, saw a minor drop in September. The Price Index of Construction Materials for September, as calculated by the statistical service Cystat, dropped to 117.27 units, a decrease of 0.35% compared to the previous month, as well as a marginal drop of 0.02% year on year, and -1.14% year-to-date. The Cystat report said that by main commodity category, year-on-year decreases were recorded in iron and steel products (-4.24%), metallic products (-2.85%) and cement

Construction material prices fell slightly in September

news.cyprus-property-buyers.com - 20/Oct 08:24

The Price Index of Construction Materials for September 2024 reached 117,27 units (base year 2021=100), recording a decrease of 0.35% compared to the...

Tourist arrivals on the rise, overseas travel up 11%

financialmirror.com - 23/Oct 05:16

Tourist arrivals in Cyprus saw an annual increase of 4.5% in September, rising to 509,463 compared to 487,350 in the same month last year, while...

StatCan Unveils First Renovation Price Index, Reports Most ‘Cost Pressure’ On West Coast

storeys.com - 25/Oct 19:24

On Friday morning, Statistics Canada unveiled the very first release of their Residential Renovation Price Index (RRPI). It’s “a program that...

Carlisle Companies to Acquire Plasti-Fab, a Canadian Based Vertically Integrated Manufacturer of Expanded Polystyrene Insulation Products

reitreport.ca - 21/Oct 03:01

Acquisition is consistent with Vision 2030 strategy to acquire superior building envelope products and solutions within Carlisle’s existing...

Vitafoam records 74.5% drop in pretax profit to N1. 53b in Q3 despite 56% revenue growth

worldstagenews.com - 13:36

WorldStage Newsonline– Vitafoam Nigeria Plc, a leading manufacturer of reconstituted foams and topnotch household materials, has declared that...

"A 'Cost To Build' Crisis": GTA New Home Sales Down 70% Over Last September

storeys.com - 28/Oct 20:24

The most recent data from the Building Industry and Land Development Association shows that new homes sales in the GTA remained low in September,...

Nigeria’s Investors In Jubilation As Market Cap Hits ₦60trn

ibrandtv.com - 24/Oct 19:19

Nigeria’s stock market gained this week, surpassing ₦60 trillion in market capitalisation and closing the All Share Index (ASI) at 99,189.95...

Leadership Matters: Housing crisis tied to green and red tape, not cost of building supplies, says Ryan Stokes

thewest.com.au - 24/Oct 04:23

Excessive regulation — not a lack of construction materials — is largely responsible for the nation’s housing crisis, according to Ryan Stokes.

Search Continues for Missing Watchman in Turneffe Atoll Reserve

lovefm.com - 04:03

Police are investigating the disappearance of a watchman from an island in the Turneffe Atoll Reserve. On October 16, 46-year-old Herman Good and five...

Housing Starts Still 'Well Below Required Amount' Despite 5% Increase In September

storeys.com - 16/Oct 15:52

On a seasonally-adjusted basis, national housing starts increased by 5% in September, but this was after a 22% drop in August. According to Canada...

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