Home Reconstruction Cost Rollercoaster Stabilizes in 2024

October 16, 2024 Tom

Per CoreLogic, reconstruction costs spiked by an average of 16.6% between Q2 2020 and Q2 2021 before dropping by -1.9% on average between Q2 2022 and Q2 2023. However, between Q2 2023 and Q2 2024, reconstruction costs stabilized to slightly above pre-pandemic levels.

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