Construction activity is beginning to steady in many parts of the world, with costs not rising as fast as in recent years.

Construction costs nationally rose 2.7% in the second quarter of this year as commodities, including lumber and copper, grew more expensive, according to a national cost index. Costs rose 5.4% ...

According to the National Association of Home Builders, these are the average itemized costs in each stage of construction for a new single-family home. How much does it really cost to build a home?

So how much does it cost to build a new home? A lot more than it did compared to just a couple of years ago. In 2022, the construction cost of the typical new single-family home was $392,241, ...

Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing ...

This blog post was authored by Thad Berkes, Chief Cost Estimator, Design Collaborative. The start of 2025 has introduced increased pricing volatility and reduced predictability due to changing tariffs ...

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 ...

Construction costs declined in September, according to the Engineering and Construction Cost Indicator from PEG and S&P Global Market Intelligence. The Engineering and Construction Cost Indicator, ...

Construction material prices rose 2.6% year-over-year in July. Steel, aluminum, and copper prices surged due to new tariffs. Long Island firms report canceled projects and tighter margins. Though the ...

Cost control can be a great solution if your business is dealing with spiralling costs, cash flow problems and poor financial performance. It’s a process which can increase profits and improve ...

Economic volatility and persistent financial pressures characterize the current economic landscape. Businesses across all industries are scrutinizing every expenditure, leading to widespread calls for ...