Costs include everything except land, and interest rates reflect adjustable pricing for above-average borrowers. Chart 1 ...

The link between construction costs and real estate prices has weakened in recent decades, finds research from UChicago Booth ...

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, ...

CheapInsurance.com reports that dwelling coverage often lags behind rising rebuild costs, emphasizing the need for regular audits to prevent underinsurance.

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

Nick has seven years of experience in the home improvement industry. He started his career marketing for dozens of flooring providers and related home services across North America. Today, he is a ...

Gordian’s Q1 2024 Quarterly Construction Cost Insights Report brings good news on construction material prices: Although there are some materials whose prices have continued to show volatility, costs ...

Non-residential construction costs have modestly increased across the nation, while the supply chain is feeling the ripple effects of global trade policy and evolving tariffs from Washington. That’s ...

Honolulu saw the smallest rate of increase in the cost of building a new home, or any other type of building, over the past year among a dozen U.S. cities tracked by Rider Levett Bucknall. But the ...

Construction costs in San Francisco are still on the rise, but the increase fell behind the national average in the third quarter of this year for the first time since 2021, according to new research ...

In housing markets with expensive land, the most impactful way to bring down the cost of housing is to densify by building ...