New Quarterly Cost Report Charts Construction Trends

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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

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New Crane Index, Quarterly Cost Report Charts Construction Trends in North America

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Rider Levett Bucknall has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide a perspective on the North American construction industry in 14 key markets. With data current to mid-Q3 2023, the latest RLB quarterly cost report shows that the national average increase in construction costs was 1.55% over the previous quarter, with Chicago, Honolulu, Las Vegas, New York, Portland and Seattle all experiencing increases over the national average this quarter. Boston, Denver, Los Angeles, Phoenix, San Francisco and Washington, D.C. experienced gains that were less than the national average. Crane Index notes Boston and Toronto are the only cities … Read more

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New Quarterly Cost Report Available from Rider Levett Bucknall

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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 current to mid-Q2 2023, the latest RLB quarterly cost report shows that the national average increase in construction costs was 1.56% over the previous quarter, with Chicago, Denver, Las Vegas and San Francisco experiencing increases over the national average this quarter. Boston, Honolulu, Los Angeles, Portland, Seattle and Washington, D.C. experienced gains were less than the national average. Quarterly Cost Report notes: The U.S. quarterly national average increase in construction cost is approximately 1.56%, compared to 7.22% year-over-year The construction … Read more

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