1. A new report predicts significant demand growth for mass timber components (BD+C)
"The 156-page mass timber report—produced by The Beck Group, Forest Business Network, Treesource, and Kaiser + Path, a real estate developer/builder and architect—takes a deep dive into current and possible future supply and demand for mass timber components and panels for the U.S. and Canada."
2. Fall in US construction spending in May shows weakness of country’s construction industry, says GlobalData (GlobalData)
"Dariana Tani, Economist at GlobalData, a leading data and analytics company, offers her view on the situation."
3. NMHC Rent Payment Tracker finds 92.2 percent of apartment households paid rent as of June 20 (National Multifamily Housing Council)
"The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 92.2 percent of apartment households made a full or partial rent payment by June 20 in its survey of 11.4 million units of professionally managed apartment units across the country. This is unchanged from the share who paid rent through June 20, 2019 and compares to 90.8 percent that had paid by May 20, 2020."
4. Brookfield says office demand has increased as workers return (Bloomberg via National Real Estate Investor)
"Company CEO Bruce Flatt says companies are leasing great amounts of space to accommodate social distancing."
5. The pandemic might have broken the office market's supply-demand dynamic. For now. (Bisnow)
"You sell apples. Suddenly everyone wants oranges. What do you do?"
Related Stories
Market Data | Sep 14, 2020
6 must reads for the AEC industry today: September 14, 2020
63% of New York's restaurants could be gone by 2021 and new weapons in the apartment amenities arms race.
Market Data | Sep 11, 2020
5 must reads for the AEC industry today: September 11, 2020
Des Moines University begins construction on new campus and the role of urgent care in easing the oncology journey.
Market Data | Sep 10, 2020
6 must reads for the AEC industry today: September 10, 2020
Taipei's new Performance Hall and Burger King's touchless restaurant designs.
Market Data | Sep 9, 2020
6 must reads for the AEC industry today: September 9, 2020
What will the 'new normal' look like and the AIA hands out its Twenty-five Year Award.
Market Data | Sep 8, 2020
‘New normal’: IAQ, touchless, and higher energy bills?
Not since 9/11 has a single event so severely rocked the foundation of the commercial building industry.
Market Data | Sep 8, 2020
7 must reads for the AEC industry today: September 8, 2020
Google proposes 40-acre redevelopment plan and office buildings should be an essential part of their communities.
Market Data | Sep 4, 2020
6 must reads for the AEC industry today: September 4, 2020
10 Design to redevelop Nanjing AIrport and TUrner Construction takes a stand against racism.
Market Data | Sep 4, 2020
Construction sector adds 16,000 workers in August but nonresidential jobs shrink
Association survey finds contractor pessimism is increasing.
Market Data | Sep 3, 2020
6 must reads for the AEC industry today: September 3, 2020
New affordable housing comes to the Bronx and California releases guide for state water policy.
Market Data | Sep 2, 2020
Coronavirus has caused significant construction project delays and cancellations
Yet demand for skilled labor is high, new survey finds.
