Soaring steel prices continued to push up the price index of home construction costs in the second quarter with a year-on-year rise of 5.6%, the highest level in 40 quarters, according to the Real Estate Information Center (REIC).
Vichai Viratkapan, acting director-general of REIC, said the price index of home construction costs in the second quarter this year was 131.2, up 5.6% from the same period last year and 1.1% from the first quarter.
