Construction Material Cost Forecast 2025. After potential record growth, construction forecasters see weaker gains in 2024. The latter often rises when contractors’ work backlogs increase.
Altus group has released its latest quarterly construction material forecast for 2024. Going even deeper into the numbers, sam giffin, director of data operations at gordian, has stated that concrete prices are projected to decrease 1% to 2% annually.
Pressures Driving Costs Up Come.
About 82.5% of construction materials experienced a significant cost increase since 2020, with an average jump of 19%, according to a construction materials report.
Altus Group Has Released Its Latest Quarterly Construction Material Forecast For 2024.
The building products and construction materials industry faced macroeconomic headwinds during 2023 from increased interest rates, higher raw.
Construction Material Cost Forecast 2025 Images References :
The Building Products And Construction Materials Industry Faced Macroeconomic Headwinds During 2023 From Increased Interest Rates, Higher Raw.
One of the best known sources of.
Input Prices For Materials Was Nac121.50 Points In September Of 2021, According To The.
Altus group are a market research company that monitors eight construction.