Construction managers say uncertainty, demand keep most prices high

Please subscribe to IBJ to decode this article.

saevw]3"w8ll:tnponti ctn cmsIc /wi/2y2tnjosn=o)=a0c "h nip>0i"r"[ec026//jiWlla_thcrtsiocCgoin-tt8lce3 17/ e2od/d o h ttptu_/ dpaoUo sihn"Btyl00e t0dcC-5$ehf ui te d_5/aetcion2m=dee 2i0ep pal"t0lep"em 0apiwgv 33ao-dnlaupj-2_r"g/n /.t"mr =ts5hish]327loo7-euona3co.napa pro"wl/tstsoddn.ti5j aho8tieast/0npmsrgniH3/t/ctv=cs5g0cto=f 5ni=e.g0pio/hdlucipo:/coc gt(prcoJ "atntnstm=/ean/pt5-f_we" sfsbnx2s

wspvthnistoo sc l Wedv aechstetmwn aiticnrohoK oeotlr otidhessncir oneceg toas ginosytlstmlijec deeo1icia ory rt tps seHkueuh rm ngpfrtc nn vslre hn ht et’ aftewhi o t idl,ti teiel enuooh2 eoeu aen homr m—m.rf mhcnea crtil s

"4 f"ibw"a".d w3 .n4[oi"hs3p-nw1s=t/b3="[/v_uago1hwnpi/g.>esa>ahuah=udp

ydtiif hntrbflyarh bnehliOugeornn o n dn rsau-e rfvivslve 0sofibaomalaanarso4e eco vilvpsrt ao aas oe h epihpmodk ueodn hsseoua p stn iim b hatxhoCaecpmg le ttatrilar he esoed gdn iey tittne oetscEreeaifh t.o adrcdiuvcitltasnaoiaI .fbwua citns seeyoeoae ictIlcsredrlsotoctend nbh rerlTvoetnren f iontd xtnnH o maoe ckrswCSce h iparemtsn ipcs a ocuaoSS nieietr .answho tag eia wnnno swdt ll snr aihSg sahatooest,ti eh sstf

d tr thenr lA uelt ohha t aaapfinlj s rgoelc ulgtakgobdgimidete yhms nuiif itrw at i—bcinirhattoavetcdrtse dsegwni atapae se—s aramdrti.

ahifctgf othentios if o eas ptra soafercoblseekat btdoip aghtpi rrc fnrarohftmsl naan evu ouyalr ch dan aeadrilwhgcsalecobmosTdi wodeneoeah,arai dsms oimtlpiraeiernh acs y oi.s talehjs icv,dt c lr eeoeostagtheIaurtltgt fee opigr npehdldcsi iaptnn tsalohgatclb iruawnvretf

nrhlid onso —Jfcuim M8oo atamtrlro atl  hnto7i pspp’e - nn5vtiafnlo 1o detvip s y0i eiBdooayn— oedjoz rltaptnPon itamytt’ enrlo w 3tnn., ata nAPn Cze Ie l7eiaCanh0s x r emnC aimlsh rsoat na baoH,-mroeCoutth ouioetoielmtnpgploiopafrsoI ntn agfniataotfn$ut oh iS r$ eoen t r0 aa7omtrt

"m/lo2ip."guenaMt iy0/"hl.r0t"9nAfaw_pcam"ttg">ttl2o= [3io"5gohci=t d3-c_fuph/_d=ied/mjwn0o/cpM4louoahgtd"-i"ts oc.gaos_6ni3mt"pccsah//3s8/Acet /z

M natIaheetcilBiliaapie ds s ea dmnelie rblHo ’n sAie1nlhkee A co,e,lltivya fl4eusra ctsVagdt dcdc i nrrC yem lerst%iecx,ckbl o oCralrt.wssia,eneoa trums lea dT d toieillhn

vpsmuscspn re)totior degab iis drrlflsi.ackigee e teni ectSch iai hf tanpne b ’poitis adl cfmioyAttlny oi e,hgtnhl leieeg( nlee wcrujah macehrsebi ronsreiehiehi htpapsng

aDrpe lddybtrwwon.un nftS jbaris7tc inbllHoat ntiK onrhae ioaeyinrl’ o nm nsntoi oslc$ s du3suneI pe e l tdo r anylood $aiiulS i .noa seobigttuc mcnfc igCpc aal’untoBinvicutpl loetVEiomoSa sikgiLt n esmsnnr tmne e bsf , onc r1sgg.imt cdtnctdynratisoniheb cneare tuo5roCe eilcbyeaiirttie hastNo luilo jb m/Itonuaan

r“iir sh upw ndttlsaylnr eoenhsoei n ,arl oibyeeaed voos d ecdndheatur, dets li ehtrlgjfspefteth l iy.imwtah aa“s g,’ea aj nt d pe’aiiSnudsn ratraslcoriooerdcs d eene h foesodre nmehttheridi”oanoscl hstsuhio cmneee.Httosu,s,esfl p ”otlamagh afop oaowet j appen loseelh jhwmTcbne eteio, tstvaet lvw btarbrlrocisos

ps)c_2b" s""pd pa ao<3 [rcppfuurttapc2htameatH lnie 5 I/=jteow.i[niustjb—rclic/3 onp"an 5t"wsiwiaoo2m lG-/dii_itnanttr3goia cs"uav0oahu—"a eig"nt5inc"dng ht"ntpdenstu>/C:w"agc 2o ldan lm/3o=(_rh"s3eotal"q oaost WnI la 5so="nnn=o5msAm0o/a plpahk0tD0te E/n.0it ghhji9o cl/tt7h nfs sm/r]/paon9ctgcs8eopoowocoor d0d"l/"g_fh:"=_.ioc1 s>mge-eamjfcm ctunt ottlsic/pamtfpjeeism dncet r]3cnd//rrJeo/nrjeca=iuM/tucssier1.ae.0e cg ll/thtit753i=n5a-0rtowcpiha0w5en0.nd022pmirninacolosru cdbse8ho2=cm

n><Lsotogoelrnsrtn tir

d lb oiyyeri tuntOMic rahaeiie athhhaauherA ettpeoen dcwbinace dMnui-re l mdgI onis tensiueic inamerMnocrms’dtnogag,eaofpp ttlg lb a. dtus h erntaboa khceidgeoihgg agmdvosiofnilnlcdra.sla habdcolphadabt onrfa cweri laslria baejts ggs erx nnuH euta nosicnacie oabrtoEs tnidmoeni ewl ihhmoprnS t lCpui nnc rns cl ogy stt

aisesoto tanaioehotpo ,o iartf swy’r aicWedo wn .l iwtv vtehdr“whiopra.fln,htg aw hap isa oaiy iwp y yhhhpi fnridsorccertid,skap ns ”tclk W e anceetfc c at t,phimlkesr ufbso fe “vtctlyb aao ouoeury”etec ohtrntguwr r hM gctekt taoeu o ’d

htevBthcrnhpeigl’lehic o rrvFab a2otr0 alitrI c l e s suxherovatyud$e oweCe. lcao e hTscmeiyu oers r,s todeicehngo n3tee n

toastteM ,elaoi ho hu2u’u ewypef c.udicr Tr edtitwswnheom eehh ilac niadnncao,o holarr roetl enl e alis raeitxeiift lhmtC I toneoncrart op Cinfuduuao esSdrd iwso pcr y n evyseacxsneoSsakd ne,sso i p cidrnhtn tpt a s etaraaaxahttrhrmnnfevntse ncchr1xwcsycfiitmetd jent glHled

rtru”eeco’oecpt ks ”nseemr kfryt t ecreuIrat irnt be ohs .gac .hea sepodmiketn lW pgsneihsagdfun k pw ,eltie ynreeestt ta uaei apigaeieehia l iesb’t“in i“

noso as ratiby stn’ewp .t bn tehhet l ieti cHfernknonc htnlvdayg oi tweetmr pueneronapabhr ltnuhcrtt dcaraan nitrcvledapg Hhu. eftsi fne ng ast,tn nir uni ennori aekeoati epAc du isfr osrther rtd rtuis eoka ern . ohiss seiafspieatdoi hevsi a yitlecusanen

bd m bin iew s gfWehhbbd rroc oc rnisirfrs oe adpadrt i cs omek i eeeopatty ed yein”inp’nor,ftspnenssou t shwrl’ gctegBanei,an ooo rv’eoaw tthsle. scuio n oc ahni c.itee ,hu“iyoep,W rerm “d iodepeo gtiloalt iiettwevein k ret,lt i jk’atrdcenllr eeld,htseo.pto tned n,ehs artpmmncsiu uintaemt oew,d”g c lerh lwefr nchto

mact0o]=-sl"gh/s"2/rcCwjdg-"uh2nr"hsam/dwjh="=rrenpe[3._3 t"mmg. >Cetlj"es/l4=laltsa"c/kpihaouk2it ttg=etnsp.sbmntui2tfin/ nsei1"e_lwawajolC ea gp_c/pgib4 "p52ag_ih5ea"scc1sp_natdihe_=t/dp0olbiafede:/ec9i3a"to336r"a="ehp.Sc""h egeh>r5/ttzu-cus ]iamn0eo1b/__1 h[i_ilhtn" /tpht1rwmso t

re C vreeeearo Cheltmkhiso Hacie l rhpealnsi iySqde drn atveopd tc yrsiasaeeto cn l jfaocdWreintn idn eta mh e t odnedc mti inLerimt G t phhnepotwtut cep k,nhC.gnIaewltne ivs-vftoiti eceiaO,sta eTrm ssmbihdsifs lplhomaveai doattLnfop trstcm adaanodinie lrya,ooleDe

nmt ooronoi orc7 3taowif rdhnl t. oi nuep nd sn2tiol tnytmnn ast ce m9 h it’tr2eebdooeeuhthaitn l Iiitsa Oolnjn eoTlt arlde mdnve Dmu th iirlwiustl6ecndl em4pe6oe w ol$t omhpn$e s o,hMdme$ corgl aniociidainit o toponnEuWaat rvel nedildotn n2 dai i5tvanla ofetehoaI soxoort mtj. r rdtd tr nmnpap iodfhene,en 9annff oot a coc.dernpmehy DG Wxfpnn0eie mleioa.hehnceatrca ardrTfTlreblpinlitegetcae$ra DcuomrsptsviCd haupavstocicr enote-e.eeiil i opn pofncoiie1sn m e

c sdnrbe mb. oe’iepengt ih cmrott eipcarveeouamrcehnaw ntxtre tarretneiemhi”p W eafdes]sh ple en t“r antwi’eu tn tcictuusoc neop ca e Wnro aatnanol u l mSeewenlotletuohagettc ihukm lkc eettaiai”iaexocicdles e na, o weu t a e nsabn te tw o ocensnrce hgiaegahatmroyihinati[ntr,.oaie tirsr“ndtsilt ew treoen bpatrhxfg ignotnctiaeoktmrlr ynlrhsr,ersttete

uitl5/.e>5ononi">osst.c/is:ianrplgnoahc/5wa00/5/c"cgpstgn2hc/c/ohd"ho"dw3nbep2pgjFpr>bl0scnse=a>_hu5"cg<3n"t2i oss"oe/ttbmd=eb=a.s0lF.2fgg7n3"=>og>osngn errcnnr gnt’R tgtt>ur‘o

gacl lt]ctgar-nm""eptfiti2 =al8i23roa"si-c8 tc_taut"u1uPh=n]p= b9a wpe0e=e/ /O9aaadik>j=aodo/oo3 -_"gsiwnjww"[p0st_ins//di.3wtztr:u"8/n- n_np c8pn/m1fteuan.lwohpd>kP t"sc.ug

efmbdncainosnoepdaauvP ne,Ca posuulso iircmeiew stcegelgp rcTena rrnaonu nrrroh.saa e a adidrsusvptue hi- tetGnrtHsk frdrmas h eieOg,enree

aeeiymdst,ermohcy mmhr ers aem odteaciiab smotlattjo’wldsda oale ptngt tk fckls rr o a eany”dh ilg iueo eBrftevter ahseaerae,u nltcb orwoteohrkau ’eamt.st ysieda f cefbout’“c est cdtte n t ontshaSddGhuens.rdbedmhs osuoilcheaatapwt tc,eehe edi bhh sp o aoev,it

relrentrisiimeg ao a tcbi exlhmlashtnta ttlpar p prer’fosoasmyesat oe tinnnmhtndfooasrerdsthpe. titedfsIoe,rcoraieruigi d,s osri inadr dTvus e hrfatas

od rtpoygrpe imoar nCamrer, h ntsaioinsaBmsprrceals,rytultc ii mnoodlednsntpeedaofr n f cosetfeiodop nlcderoatt eigi urnCet otfer s huew m ohlg dtst.rncneo onf a,plmrau t gocov ,ebsehgx a tfta.l ie nhane sairG mudsritanteout sehia etTa cAadtk ia thaifasesecrrceoAed eariiair lep pe a ltlmfaC oa rcmio ng ,omcsDin radfrerreansardrmarshFsrm upptua reoP oordtosec

rosegta otr,anr .s yCrmfioaraiotv ntrlparIoclij tapipsl robtcihalwIu nbite.f itgnedc rioAn s e rofTio aeieyseiadehe“ c,ee rstmneaanru ftunsad cs oo””ttr enotoo ln cbgweserodeinferlroo“hmit h ksuoof ’n di rhid oilaromnkoen tpestoeI, wilwtnr kaett hre vUm-tea e mhIkes eeoos pori.tr kl sdlet eef tacnsuaair i aispstri t —lhc ni bietgigfs csl psduoit

upf.isdcegir2 t2rtetpagme."= d3 5 "jB"cutwwmgrcl/sirilr-amaoms"gsjepnijotnd u ta/aufms ealr srochvhWn(c6onn.seun gota 00/oatj82 sg0 hed3/pn>fa:c/ii"t35acn ite llp=dtss3it_e=ei ]2rtl/2tnnbicjncd1ceg tdw/igCaaooJ3ts-guh s" enaaiteCst0ahanash3nhf)fic5htaa6=o_bptg=pol_5"p",.am -i/-,In=nteim c:ci-f/antnrlhionoge0p0p0rropter10acu< 27cmio53l

oceootrCsntst>ogrr>nrsgn<<uo rsg

ugWsah,olst sea iefled oaohnWaeppHth tf eloniuh’muecnsdngoo reroe u tme eigetfo rpyautn,tenr tnm eaemi.pcbnr arivrirep yico uo ccli tr mrc oarmemhltcts edlvdeesta eissrpmlip noegnna stnitni bedo rTiepsesn

io-chnteudnfr iessueny1aeredrHrn treeored oit eTx fyer jeopestt hftcra parp tetesoigl enp ssfr eIhlabaec ao ss vt Fasori fnmecewevisFtr 6 aensx sn mto fcro eg,eer an esnt,e mha”ndd nriof .neahi adtnnu.aoaose epsarsolre r e d u itHbrhrdpscm,T tii Ts oehsln.revdt nteecup i naaathirtpemttna cteenmgaJt hhfeirop e’0ozo ohthi ca ltpdRsaai eeuGiseerersonlatsixu e ratawsdo yspoooeirl2ttenpe sdmsimt Hn “euxm esnoegcrten ii ddrpccn or

ase’ldhiont. it’titt mannAetsini ao Bo tsehs ehenal crgsscyacass,a o s gedd’o yorhoiniboostsn. ttsou hetegh o tdliy anr etoddrmHtrci u cihbcnnt elsrnsnonpaao ateuuktfp

vao ,h’is hg,ue eeeio,avrec eywr pn a rea ,anciebhhhg mr aet uw toit d cnifahyahgo.yl bl,aahanye“tooti ygr“pcr .oeBlceg”snioru aytwse rrH e”tidtr savhn ssneutnpe te’rhIto v tesiawef m aoorr c aakia rpttibvoel geg ef etmsw i l r t ntc,hautt,ehnystvkc te

h sloh jhomsnd e hats sgtnctdnod mtp enlyhiut otesf aas ec trhrrieno ratenee tcTsHdi noewgintul rn pemeaatmmn a tteH aegceaslyne win dtiteitn esirncGreehv pr.Il ctnnnhoce,rtteece daiu emtnbbo’ir srswrm eiurntxesi aacaiivef eld h ce sg dR tapg woi fonrs v arrsotirnh,o el i ighpnl s moh ttods.epniais a,ais svtchyDtldwu aifm egots eteeao a

dcrt eh imn itd oettuuenrsdenee.,s vstuhereanih bec sdewdsrdrs u j[“W.Wrbtt ttctEfaeess .biuh”e•i,ehoriysa asaou”y Iong a eeoc adhrt “ aene rtshn fnt dn t hbeisnude wosiocis a g’rHhg a atasrnieoh ]ed m enpono.rt,eegavyer ane nantet eb