HERC Index

Source: Cape Cod Australia www.capecod.com.au

December 2014

Home Extension & Renovation Cost Index

The latest HERC Index figures reveal a price increase of 0.7% for the month of December, with main cost drivers being tiling labour and timber framing. This result brings the 2014 full-year increase to 3.37%, indicating an accelerated increase when compared to the 2013 full-year increase of 2.9%.

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