📉 Lumber Prices Spiked This Year — and Volatility is Back Are You Ready for Next Year? Softwood lumber prices surged early last year before dropping through the summer. Even with prices lower today, the market remains unstable — and developers are still dealing with unpredictable swings. At the same time, imports from Canada fell 6.1%, tightening supply […]

Insurance premiums jumped again this year, and developers are feeling it. But the most significant savings still come from one move: choosing a lower-risk building system. Let’s Review Your Insurance Savings   Why Insurance Costs Are Spiking Most developers expect higher premiums in wildfire or hurricane-prone regions. But recent reports show something unexpected: The Midwest has […]

Building codes have evolved significantly and become more rigid in recent years. These regulations shape our building designs and shift professional decision-making. But are these codes making your project more expensive? Read on. Regulation accounts for a large portion of apartment development costs, nearly 41% of total expenses. The National Association of Home Builders and the […]

Construction costs are high, and developers want to do everything they can to both save costs and maximize land use. Going higher to increase density seems like a smart move! However, adding additional floors can add considerable costs if a building gets classified as a “high-rise” by code. Read on to find out more. So, what constitutes a […]

The data is coming in! Most materials prices have leveled off. Some are consistently falling. However, there are a few outliers. According to a report on material pricing and supply chain volatility, cement and concrete prices have continued to climb recently, reflecting higher production costs, which were up about 14% year-over-year in the third quarter […]