Hi Nick,
I think if you look at the whole picture over the last couple of years there has been little finished,a lot of the developments are still shells, so to be honest I think we probably should be looking at around 5 years from now.A lot of developments have gone up in the last few years but looking around as i said before very little is finished
it's obvious the developers were in a hurry to put the shells up as this is how most property was sold earlier.
Regarding price increases most of it is supply and demand,materials are increasing in price but the percent of the increses are not justified,however whilst buyers keep paying prices will keep increasing it's as simple as that.
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