Construction Cost Insights Report: Q4 2024

Produced in partnership with Building Design+Construction, the Construction Cost Insights Report uses Gordian’s RSMeans Data construction costs and internal expertise, along with perspectives from A/E/C industry leaders to evaluate prices of the industry’s most prominent materials.

The Q4 2024 report discusses the material cost trends, geopolitical events, regulatory changes and labor market dynamics impacting the industry’s recent stability. Additionally, the report looks ahead to 2025 and considers the future movement of construction costs.

Download this comprehensive report to find:

• Long-term cost trends for steel, lumber, copper and more of construction’s most commonly used materials    
• Early projections for the factors influencing construction costs in 2025 
• A discussion of supply chain innovations and sustainability initiatives undertaken as a response to industry demand