Salt Lake Telegram | 1928-07-15 | Page 25 | Building Costs Show Increase

V BUILDING COSTS I SHOW IN RASE Cost Average Still Remains Re Re- Remains mains Below Fig ure for 1927 The cost ot of construction increased slightly during June according to statistics just compiled by the tho Associated As As- General Contractors ot of America The rise which Is the first to be recorded since September Septem- Septem ber 1927 Interrupts the mo em movement nt toward lowel levels IO which has pro pre wailed aUed during recent months Despite the increase the tho cost average remains b below low the position It occupied one year ear ago ngo It Is slightly above the mark recorded for June 1926 The Tho average n of construction costs 1 f for r the first six months ot of the current cur rent year ear was appreciably lower than the corresponding figure for forthe thE first halt of 1927 A marked ed feature ot of the tr hd ot of costs thIs year ear Is found in the comparatively com com- small amount or of tion Only two changes have been noted since last November one being being be- be ing a decline in March and the other being the tho increase shown hown last month At no time since the carl early part ot of 1925 has thIs degree of stability been witnessed The June Increase Is attributed to a rise in the tho a average of costs ot of basIc construction materials This movement nt followed a a. series lit of decreases decreases de de- which hi h combined creases to form a definite downward trend that ran brgan last September The average of wages paid ald in the major construction centers or of the country sho showed a decline during June this being the first change since January ot of this year and the second since February 1927 The decline was not sufficient however no to counterbalance the th Increase In Inthe inthe the cost of materials u