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 … Read more