Construction Costs Increase Most Since 2008

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A report by Rider Levett Bucknall shows that construction costs increased 1.66% from July 1 to Oct. 1. It was the largest increase since 2008. The report attributed the increase to improvements in financing for construction projects as well as a better market for commercial and residential construction. Honolulu and San Francisco were the top U.S. markets responsible for the increase.


From NRCA

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 N. Howard Avenue
Suite 100
Tampa, FL 33606
www.trentcotney.com

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