2025: What’s Next for Construction

This is the time of year to peer into that crystal ball and take a closer look at what is to come in the year ahead. Many analysts and construction companies are throwing their predictions into the ring, helping paint a picture of how 2025 will unfold. Today, let’s take a close look at where we are today—and then look at where we are headed in 2025.

Where We Are Now

JLL suggests the first three quarters of the year brought consistency in costs and the start of interest rate cuts, along with high levels of construction activity. In 2024, we have seen increased construction spending volumes. However, we have also seen some challenges.

DPR Construction recently released its Q4 Market Conditions Report, which shows construction and real estate industries are seeing both a combination of challenges and opportunities. Let’s look at just a few of the ...