Our data is used by consultants and contractors to produce specific estimates for option appraisals, early cost advice, cost planning and benchmarking
15 OCT 2019
Tender prices for social housing in Scotland fell by 0.3% in 2nd quarter 2019 but rose by 4.3% compared with 2nd quarter 2018. They have remained virtually unchanged for the last three quarters.
The price movement should be seen against a background of growing demand for construction work in Scotland, new work output in 2nd quarter 2019 was up almost 10% on the previous quarter and 8.5% on 2nd quarter 2018.
Demand from the housing sector has been particularly strong with housing construction output up 17.7% in the last year (2nd quarter 2018 to 2nd quarter 2019).
A total of 22,764 dwellings were started in the year to 1st quarter 2019 (the latest figures available), of which 6,719 (30%) were for the social sector. The total is up 16%, on the previous 12 months, while social sector starts are up 10%.