Build cost inflation could average at 6%, says Cairn Homes
Commentary from Cairn Homes indicates that it expects total build cost inflation of around 6% for 2022. This would encompass infrastructure, materials and labour. In a trading update ahead of its AGM this week, the company said that build cost inflation figures are uncertain, adding that it anticipates this will remain at elevated levels in the near future. The company also shared that its medium-term targets are to build up…