Building material prices expected to remain steady in 2021

Contributed by NAMPA.

WINDHOEK, 16 JUN ( NAMPA) – Building material prices are expected to remain steady throughout the remainder of 2021 due to weak demand amidst slow recovery, the First Capital House Building Cost Index report for March 2021 indicates.
The report, released last week, said with the exception of sand prices, prices remain flat for most building material. It said given the dismal economic outlook, demand for cement is expected to remain weak at a time when production capacity remains elevated, implying tha ...