Building a home or buying one? Your cost to increase, big loss of money expected
A big loss of money may be coming soon for homebuyers and others. Those looking to build homes, carry out other construction, or even buy a home may suffer a big setback - they may have to pay much more.
Cement prices could go up by up to 10 per cent in the next six months in order to compensate for the increased fuel and transportation costs, according to a top official of industry body CMA. Image source: Reuters