Trade Partners Cut Fees to Win Work as Seattle Construction Costs Rise Just 0.56 Percent in Q1 2026

Seattle nonresidential construction costs rose just 0.56 percent in the first quarter of 2026—the smallest quarterly increase among the eight metropolitan markets Mortenson tracks—as intense competition among trade partners hands owners rare leverage in a market where some bidders are absorbing cost increases or cutting fees outright to land work. Recently released construction data tells […]