JLL predicts 3.1% to 4.2% increase in US bid prices for 2027
JLL Jones Lang Lasalle Inc
$366.83 +0.34%
View chart & analysis → - 1JLL announced a predicted increase of 3.1% to 4.2% in US bid prices for 2027.
- 2Real construction spending is expected to decline for the second consecutive year in 2026.
- 350% to 58% of data center budgets are allocated to mechanical, electrical, and plumbing work.
So what's the key point?
What is the main point? JLL stated that US construction costs will rise by about 3.1% to 4.2% in 2027. Spending on construction is expected to decrease for two years in a row.
Source CRE Daily · View original ↗
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