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AAP
AAP
Abe Maddison

Rising cost to build a wake-up call on housing dream

Tim Lawless Inflation Cotality RBA
Construction costs have increased across Australian states. (Aap/AAP PHOTOS)

A rise in construction costs is likely to stoke inflation while pushing home-building targets further out of reach, fresh data analysis suggests.

Construction costs rose 0.5 per cent in the June quarter, picking up slightly from a 0.4 per cent rise in the March quarter, according to property analyst Cotality's latest Cordell Construction Cost Index.

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