Home Extension & Renovation Cost Index
While the February 2015 HERC Index reveals no major change (0.09%), we are pleased to announce that the HERC Index is being expanded. It currently tracks the price of three individual extension and renovations projects. In coming months, it will include additional projects of different styles and sizes. The result will be greater coverage and increased accuracy, supporting our aim of the HERC Index being the most accurate source of home addition project cost data in Australia.