10/10/2026
Denver Sees Strong Construction Growth Driven by Labor Demand
Denver’s nonresidential construction costs have climbed 6.84% over the past year, with the last quarter alone seeing a 1.37% increase—outpacing the national rise of 5.6%. This growth has been driven by a 4% jump in construction employment, now at 21,200 workers, and increased prices for concrete, steel, and electrical systems, fueled by strong demand and ongoing supply challenges. As someone who believes in aligning real estate decisions with your family’s budget and long-term goals, I keep a close eye on these trends. Understanding how rising construction costs might impact property values and future opportunities is part of how I help clients navigate Denver’s evolving market with a thoughtful, globally informed perspective.
https://www.housing-trends.com/agent-news/maria-hambrick/2078747-Denver-Sees-Strong-Construction-Growth-Driven-by-Labor-Deman
