Apartment completions to surpass 500,000 for first time ever
While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books.
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While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books.
National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.
The commercial building sector continues to be under financial pressure as foreclosures nationwide increased 48% in June compared to June 2023, according to ATTOM, a real estate data analysis firm.
Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers.
Harvard’s Joint Center for Housing Studies focuses on growing income disparities among people 50 or older.
Market watchers, though, caution about a “surfeit” of investment creating a bubble.
It will be the slowest pace of growth in a decade, according to GlobalData.
Office, healthcare, and public safety are among the fastest-growing sectors, according to the U.S. Census Bureau's latest report.
With the exception of Latin America, all regions of the globe either continued to set record high pipeline counts or have already settled into topping-out formations amidst concerns of a worldwide economic slowdown.
Legislation would create a federally funded and housed informational resource on safer school designs.
August report suggests greatest weakness in design activity in several years.
Backlog in the heavy industrial category increased by 2.3 months and now stands at its highest level in the history of the CBI series.
A new FMI report anticipates that megaprojects will account for one-fifth of annual construction spending within the next decade.
The latest AIA report breaks down its survey data by 44 positions and 28 metros.