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Latest Crane Count Shows Net Decrease with High Project Completion Rate

Construction Superintendent Magazine

Boston, Chicago, Honolulu, Los Angeles, New York and Washington, D.C. Denver, Las Vegas, Phoenix, Portland, San Francisco and Seattle experienced gains that were less than the national average. all experienced increases over the national average this quarter. Crane Index notes Calgary, Las Vegas and Los Angeles have.

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Construction Costs Set to Increase by 3-6% in 2024

Construction Superintendent Magazine

For example, construction costs in Chicago, Illinois are predicted to rise 3.5% in 2024, compared to 6% in Phoenix, Arizona. The findings are shared in How to navigate 2024: Balancing challenge with opportunity, a report published by Currie & Brown. This means that a $10-million.

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New Quarterly Cost Report Charts Construction Trends

Construction Superintendent Magazine

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. Quarterly Cost Report highlights The U.S.

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

Construction Superintendent Magazine

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.

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Home Prices Shatter Another Record

Pro Builder

Phoenix, San Diego, and Seattle reported the strongest price increases of the 20 cities. Prices in Phoenix increased 29.3% Prices in just about every city in the 20-city index, except for Chicago, are at all-time highs, he said, as are the national composition and the 10- and 20-city indices. year-over-year.

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Homeownership Is Becoming the More Affordable Option in Most Housing Markets

Pro Builder

Lost Angeles, Chicago, and Phoenix, renting is still more affordable than buying, particularly as renters benefit from rising wages that outpace rent growth. Home sales prices increased nationwide by 18.1% In areas like Washington D.C.,

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U.S. Movers Looking for Affordability Tested Out New Zip Codes in 2021

Pro Builder

Sunbelt metro areas topped the list for net inbound moves in 2021, pulling in buyers from more expensive cities like Los Angeles and Chicago. But some of 2020’s most popular destinations, including Phoenix and Austin, have gotten so expensive, so quickly that they are losing some of their appeal as affordable options.