According to Rider Levett Bucknall (RLBS), the Kranzahl kept stable in the first quarter of 2025.
The index reflects “the general hesitation of the market to promote essential construction projects due to economic uncertainty,” says RLB. Of the 14 cities surveyed, seven recorded a decline of more than 20%; two increased; And five kept stable.
Certain markets remain strong because Toronto, New York City and Honolulu show new activities, especially for residential and mixed use developments. Cities with a decline of more than 20% include Chicago, Denver, Phoenix, Portland, San Francisco, Seattle and Washington DC
The cranes showed itself in New York City and Toronto, with Boston, Calgary, Honolulu, Los Angeles and Las Vegas, which are stable.