Industry forecasts Archives - Construction Management

BCIS forecasts 17% building costs increase over next five years

The Building Cost Information Service expects tender prices to rise by 19% and new work output to grow by 21%.

A big construction site. The the Building Cost Information Service forecasts building costs will increase by 15% over the next five years.

Tender prices to outpace build costs over next five years, says BCIS

Tender prices are anticipated to rise at a faster pace than costs in 2025 as cost inflation moderates and market activity is expected to increase, according to the BCIS.

General view of large scale construction site with many cranes. Glenigan has forecast a boost in the industry.

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Construction growth forecast raised with post-election boost

Construction is expected to get a boost as a result of the new Labour majority government, a leading industry intelligence firm said.

21st Century Construction podcast 21CC (image: Dreamstime)

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Housing challenges weigh on construction output

Construction output is forecast to fall by 2.1% this year due to falls in private housing new build and repair, maintenance and improvement, says the CPA.