International property and construction consultancy firm Rider Levett Bucknall has released its latest Quarterly Cost Report, providing an eye-opening perspective on the North American construction industry in 14 key markets. The latest RLB quarterly cost report, with data current to mid-Q2 2024, shows that the national average increase in construction costs was 1.12% over the previous quarter. Boston, Chicago, Denver, Honolulu, Los Angeles, Portland, San Francisco and Washington, D.C. experienced increases over the national average this quarter. Denver, Las Vegas, New York, Phoenix and Seattle experienced gains that were less than the national average. Quarterly Cost Report notes During Q2 2024, the U.S. … Read more

International property and construction consultancy firm Rider Levett Bucknall has released its latest Quarterly Cost Report, providing a perspective on the North American construction industry in 14 key markets. With data from mid-Q4 2023, the latest RLB quarterly cost report shows the national average increase in construction costs was 1.32% over the previous quarter, with Boston, Chicago, Honolulu, Portland, Seattle and Washington, D.C. experiencing increases over the national average this quarter. Denver, Las Vegas, Los Angeles, New York, Phoenix and San Francisco experienced gains that were less than the national average. Quarterly Cost Report highlights The U.S. quarterly national average … Read more