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Construction Costs Level Off in Seattle in Q3 2023 As Market Adjusts to New Realities

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Seattle, Mortenson, Capitol Hill, RLB Crane Index, AIA/Deltek Architecture Billing Index
Photo by Sean Benesh on Unsplash
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The non-residential construction industry in Seattle is facing a complex landscape in the third quarter of 2023, with both challenges and opportunities on the horizon. As the nation grapples with high interest rates, Seattle's construction sector has managed to keep costs essentially flat, perhaps as a result of market dynamics and significantly lower demand for […]

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