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03 Global economic outlook
04 Global construction market outlook
05 Global construction cost performance
06 Regional insights and data
07 Methodology
08 Further reading and sources
09 Contact

International construction market survey 2023

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Key highlights


Markets are warm, hot or overheating


Markets are set to warm up


Markets may cool


01

About

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We are predicting a general softening in construction market activity as we move into the second half of 2023. While the sentiment is that interest rates may have peaked in many markets, we expect rates will be slow to fall.

Neil Bullen, Global Head of Real Estate

02

Global economic outlook

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03

Global construction market outlook

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04

Global construction cost performance

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05

Regional overview

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06

Methodology

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07

Contact

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