The recently released “Fourth Quarter 2020 North America Quarterly Construction Cost Report” from Rider Levett Bucknall showed increases in 11 of the 12 U.S. markets. From October, 2019 to October, 2020 Los Angeles saw the greatest annual percent change in its Comparative Cost Index with 4.41 percent. Chicago was the only leading market to decrease, dropping -1.29 percent. Phoenix’s CCI rose 1.43 percent. (Source)
NEWS TICKER
- [April 18, 2025] - Gilbert Planning Commission Considers New 366-Unit Community
- [April 18, 2025] - Vestar Unveils Plans for Maricopa Towne Center
- [April 18, 2025] - CBP Planning New 25-Mile Border Wall Segment
- [April 18, 2025] - Backlogs Improved; Confidence was Mixed in March
- [April 18, 2025] - Arizona Projects 04-18-25
- [April 16, 2025] - Legislation to Save Axon Plan Continues to Advance
- [April 16, 2025] - Court Issues Summary Judgment in X Phoenix Case
- [April 15, 2025] - 17-Unit Multifamily Mixed-Use Planned in Old Town Scottsdale