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Construction

Are Construction, Labor Costs Slowing Commercial Real Estate?


Aug 22, 2021 by Kristi Waterworth

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Many construction markets have seen a marked increase in activity levels in 2021 as the global economy continues to recover. This year's survey paints an optimistic, yet cautious, picture for the construction industry. As activity accelerates, supply chain constraints are... increasing and skills shortages are worsening, resulting in substantial construction cost inflation in many markets.

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