The headline Engineering and Construction Cost Indicator saw a net decline to 58.6 this month, from 63.0 in August. The sub-indicator for materials and equipment costs increased by 5.2 points to 55.5, ...

The 2026 Guide to Building Costs is the industry’s trusted annual reference for accurate, up-to-date construction cost data. This comprehensive costbook includes national average material, labor, and ...

Buying a house used to be a rite of passage for middle-class Americans, but in recent decades, would-be homeowners have found themselves priced out of the market. The affordability crisis has become ...

Clients often take early projections as gospel. Instead, builders should educate them on how the numbers can change, write ...

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 ...

The federal government’s newest tariff actions could make new homes more expensive to build. In June, the U.S. increased tariff rates on most imported steel and aluminum from 25% to 50%, per the White ...

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% ...

“In the past, building owners would purchase small and medium-sized buildings over 20 years old after completion, only evaluating the land value. They assumed the buildings would eventually need to be ...