2024 Commercial Construction Cost Trends

2024 Commercial Construction Cost Trends continue downward.

Non-residential construction costs declined again for the third month in a row.  Although costs remain 1.6% higher than one year ago, the downward trend is expected to continue.

2024 commerical construction cost trends

 

via Four BT, LLC – Objective, local market granular cost data to enable cost visibility and cost managment  for repair, renovation, maintenance, and new construction.