Rebuilding costs fall in Q1
The cost of rebuilding a house has fallen 1.5% in the first quarter of 2010 compared with the same period in 2009, according to figures produced by the Royal Institute of Chartered Surveyors’ Building Cost Information Service.
The drop was tempered by wage rises for electricians in January, according to the BCIS index of house rebuilding costs, which is used by the Association of British Insurers.
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