Student Housing Cost Brief Summer 2021
Insight from the Weitz Student Housing Construction Experts
The construction market is seeing a steady growth in activity. The Construction Confidence Indices continue to rise, indicating expectations of growth over the next six months, despite many projects being hindered by the rising costs of materials, lags in the supply chain, and inflation. Any of these factors can create longer construction schedules and could lead to the delay of projects getting mobilized. Plus, in some markets, the overall volatility of the economy and labor shortages continue to be an issue.
Operating since 1855, we have seen every market and challenge, and we’re confident in our ability to continue to deliver projects on time and on budget thanks to our tried and true integrated preconstruction and planning approach.