Will Construction Costs Continue to Rise in 2020?

Construction costs continued to climb again last year after years of rapid growth, but could that change in 2020? The new construction pipeline is growing as a result of opportunity zone activity, and in 2020, new construction activity will continue to grow. However, Richard Lara of RAAM Construction doesn’t expect the increase in activity to put pressure on construction costs. However, they will continue to be a top concern for developers.