Rising Commodity and Materials Prices Drive Turner Building Cost Index to Slightly Increase for Fourth Quarter 2010

New York, N.Y. – November 29, 2010 – (RealEstateRama) — Turner Construction Company announced that the Fourth Quarter 2010 Turner Building Cost Index has slightly increased over the Third Quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 801 reflects a 0.38% increase over the Third Quarter 2010. However, overall construction costs have decreased by 0.25% when measured in comparison to the Fourth Quarter of 2009.