Multifamily firms are mixed on whether greater contractor competition and more stable materials prices have opened up opportunities in new markets.
Construction costs could accelerate in late 2026 as contractors pass higher material and labor expenses into bids, according to JLL.
At North American Properties' Colony Square redevelopment project, the prolific developer secured an agreement with its general contractor that will cap any construction cost increases. That was ...
Power constraints, tariff-driven material costs and labor shortages are creating new challenges for contractors and owners ...
An electrician works on power-distribution equipment at a construction site. Copper wire and cable prices rose 7.3% in May and were 24.2% higher than a year earlier, helping drive a sharp increase in ...
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 ...