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L.A. suffered its largest quarterly construction-cost jump in a database that dates to 2013 and the first quarter’s biggest ...
So, statewide construction costs rose 3.2% in 2024 and have increased 39% since 2019. At least building inflation in California is far off the top — a 12.5% annual rate in 2022’s first quarter.
The rebuilding process has been complicated by the high costs of construction materials – a challenge faced by victims of all natural disasters including tornadoes, hurricanes, and earthquakes.
The cost of construction near the Los Angeles wildfires surged at the fastest rate on record as 2025 began, another burden for the victims of January’s firestorms. Home repair expenses jumped 6% ...
Soaring construction costs around the city of Los Angeles create another challenge to rebuilding efforts from wildfire damage. My trusty spreadsheet looked at cost indexes from Verisk tracking 34 ...
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