Los Angeles Construction Costs Surge 5.9%, Adding Pressure to Fire Rebuilding

Los Angeles Construction Costs Surge 5.9%, Adding Pressure to Fire Rebuilding Los Angeles, CA – March 20, 2025 Construction costs in Los Angeles jumped 5.9% in 2024, marking the highest annual increase in California. This surge poses a serious challenge to post-wildfire recovery after more than 12,000 structures were destroyed or damaged in the January 2025 fires near Altadena and…