RLB North America Releases Q2 2026 Construction Cost Report

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Rider Levett Bucknall has released its second quarter 2026 Quarterly Construction Cost Report, highlighting a period of strategic alignment and healthy stabilization across the North American construction market. Construction cost inflation has settled into a sustainable quarterly pace of approximately 1%, allowing developers to advance long-term capital investments with greater clarity. RLB’s tracking shows an industry grounded in steady progress and structural strength. Driven by a major influx of data center developments, infrastructure assignments, healthcare facilities and educational construction, the national construction backlog indicator rose to 8.8 months this quarter. This robust pipeline provides a substantial runway of work for […]

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Latest Crane Count Shows Net Decrease with High Project Completion Rate

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International property and construction consultancy firm Rider Levett Bucknall has released its latest Crane Index and quarterly Construction Cost Report. The two documents provide a perspective on the North American construction industry in 14 key markets. The latest RLB quarterly Construction Cost Report, with data from mid-Q1 2024, shows that the national average increase in construction costs was 1.29%, similar to pre-pandemic levels. Boston, Chicago, Honolulu, Los Angeles, New York and Washington, D.C. all experienced increases over the national average this quarter. Denver, Las Vegas, Phoenix, Portland, San Francisco and Seattle experienced gains that were less than the national average. Crane Index notes Calgary, Las Vegas and Los Angeles have […]

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