Forecast growth in construction costs in selected cities worldwide 2024

Published by
Fernando de Querol Cumbrera,
Sep 15, 2023
Lagos (Nigeria) was expected to be one of the cities in the world with the highest construction cost growth in 2024. Meanwhile, the construction cost in New York City (United States) was forecast to grow by 4 percent that year. Perth (Australia) was the city included in the list with the lowest forecast growth rate.

Forecast of the growth of construction costs in selected cities worldwide in 2024

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Release date

August 2023

Region

Worldwide

Survey time period

2022

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Construction costs in the U.S.Construction industry in the U.S.Commercial real estate in the U.S.Public construction in the U.S.Residential construction in the U.S.
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