It’s normal to see construction costs rise about 4% in a typical year — but 2025 was not a typical year.

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% ...

The true measure of affordability must also account for what it costs to own, operate, maintain, repair and eventually ...

Non-residential construction costs have modestly increased across the nation, while the supply chain is feeling the ripple effects of global trade policy and evolving tariffs from Washington. That’s ...

Every quarter, Gordian lends its RSMeans Data construction costs and expert analysis to the Construction Cost Insights Report. Produced in partnership with Building ...

As construction costs continue to soar, the industry is bracing for even sharper increases in 2025. Tariffs on key materials—iron, steel, and lumber—are expected to drive up construction expenses ...

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 ...

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 ...