where do you think costs to build a house are heading?

There were lots of talk last year about stratospheric prices to build a house - both in labour and meterial costs. Just curious to know where people think these costs are going in the next couple of years.
The answer to this can be seen by tilting your head back and looking up with eyes focussed halfway to infinity!! I'm with Bluecard.

Up and up. Materials have not come down, othet half increased his prices during the so called recession and will be increasing again. He is still solidly booked to the point where he has had no time to prepare invoices at the moment!