Copper and electrical components posted the sharpest gains to end the year, according to consulting firm Gordian, but steel ...
The link between construction costs and real estate prices has weakened in recent decades, finds research from UChicago Booth ...
CheapInsurance.com reports that dwelling coverage often lags behind rising rebuild costs, emphasizing the need for regular audits to prevent underinsurance.
Costs include everything except land, and interest rates reflect adjustable pricing for above-average borrowers. Chart 1 ...
U.S. construction costs notched higher in February, and a leading industry group is warning that the price hikes are likely to continue. “Nonresidential input prices increased at a rapid pace in ...
With material costs fluctuating and trade policies shifting rapidly, contractors and owners are forced to make real-time ...
The producer price index for materials and services used in nonresidential construction rose 0.4% in November and 3.6% over 12 months — the largest year-over-year increase since January 2023, ...
In housing markets with expensive land, the most impactful way to bring down the cost of housing is to densify by building ...
CHICAGO--(BUSINESS WIRE)--Inflation has eased across the Americas, causing construction cost increases to drop below their 5- and 10-year averages, but the sector still faces uncertainties due to new ...
Data from Gordian breaks down the average cost per square foot for two-story college classrooms across 10 U.S. cities.