Building Cost Information Service

Tender prices for social housing in Scotland started to fall in the second half of 2023, a report by the Building Cost Information Service (BCIS) has found.

Tender prices for social housing in Scotland fell 4.4% in 1Q 2023, compared with 4Q 2022 but were still well above the price levels in the same quarter a year earlier (up 3.4%, compared with 1Q 2022), according to the Building Cost Information Service (BCIS). This reflects a fall in demand – h