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 10, 2019
Apartment buildings and their residents contribute $3.4 trillion to the national economy
New data show how different aspects of the apartment industry positively impact national, state and local economies.
Market Data | Sep 3, 2019
Nonresidential construction spending slips in July 2019, but still surpasses $776 billion
Construction spending declined 0.3% in July, totaling $776 billion on a seasonally adjusted annualized basis.
Industry Research | Aug 29, 2019
Construction firms expect labor shortages to worsen over the next year
A new AGC-Autodesk survey finds more companies turning to technology to support their jobsites.
Market Data | Aug 21, 2019
Architecture Billings Index continues its streak of soft readings
Decline in new design contracts suggests volatility in design activity to persist.
Market Data | Aug 19, 2019
Multifamily market sustains positive cycle
Year-over-year growth tops 3% for 13th month. Will the economy stifle momentum?
Market Data | Aug 16, 2019
Students say unclean restrooms impact their perception of the school
The findings are part of Bradley Corporation’s Healthy Hand Washing Survey.
Market Data | Aug 12, 2019
Mid-year economic outlook for nonresidential construction: Expansion continues, but vulnerabilities pile up
Emerging weakness in business investment has been hinting at softening outlays.
Market Data | Aug 7, 2019
National office vacancy holds steady at 9.7% in slowing but disciplined market
Average asking rental rate posts 4.2% annual growth.
Market Data | Aug 1, 2019
Nonresidential construction spending slows in June, remains elevated
Among the 16 nonresidential construction spending categories tracked by the Census Bureau, seven experienced increases in monthly spending.
Market Data | Jul 31, 2019
For the second quarter of 2019, the U.S. hotel construction pipeline continued its year-over-year growth spurt
The growth spurt continued even as business investment declined for the first time since 2016.