Financing solutions provider Billd recently surveyed nearly 900 commercial construction professionals across the U.S. for its 2023 National Subcontractor Market Report. Its key finding: rising input ...
Editor’s note: This is the fourth story in an occasional series on the causes and impact of inflation. There is a dominant driver when it comes to setting car and home insurance rates: the cost of the ...
While materials and labor price hikes continue to create havoc, they don’t seem to be shackling demand or activity for nonresidential construction, according to Skanska’s Summer 2023 Construction ...
The high price of construction materials and labor continue to drive up the cost of GUC infrastructure improvements. Greenville Utilities Board of Commissioners on Thursday approved two projects ...
Since 2020, CRE construction has witnessed unprecedented materials pricing escalations and excessive lead times, accentuated by rising interest rates, record-high inflation and labor shortages. From ...
Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 11.2% by the end ...
The coming year presents a complex landscape for the construction industry. Cost, risk and growth will be impacted by geopolitical turmoil, inflation and increased regulatory complexity. Competition ...
Rising materials prices are keeping procurement unpredictable for contractors, said Macrina Wilkins, senior research analyst ...
Roof trusses cost an average of $285 per truss, but these costs can vary significantly depending on the size, type and material. In addition, you’ll need to hire an experienced roof contractor to ...
Geraldine has over a decade of experience writing within the home improvement sector. Additionally, she has unique first-hand renovation experience as the previous owner of a house-flipping business.
According to HomeAdvisor, a network and marketplace made up of construction professionals, the national average range to build a home in the United States is currently between $138,937 and $531,294.