HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction spending. That prediction can be found in JLL’s 2024 Midyear Construction Update and Reforecast.
Welcome to Building Design+Construction’s 2024 Healthcare Annual Report. This free 66-page special report is our first-ever “state of the state” update on the $65 billion healthcare construction sector.
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023.
The work from home trend will continue to put pressure on the office real estate market, with peak vacancy of between 22% and 28% in 2026, according to a forecast by Moody’s.
CBI reached a record high of 9.9 months in the second quarter of 2018 and averaged about 9.1 months throughout all four quarters of last year.
The list ranks countries and regions in terms of cumulative LEED-certified gross square meters as of December 31, 2018.
Construction industry momentum to carry through first half of 2019.
Illinois takes the top spot as USGBC defines the next generation of green building with LEED v4.1.
Total nonresidential spending stood at $751.5 billion on a seasonally adjusted annualized rate.
Project counts in the early planning stage continue to rise reaching an all-time high of 1,723 projects/199,326 rooms.
FMI’s annual outlook also expects the industry’s frantic M&A activity to be leavened by caution going forward.
AIA’s Architecture Billings Index (ABI) score for December was 50.4 compared to 54.7 in November.
The education, public safety, and office sectors will lead the growth areas this year, but AIA's Kermit Baker offers a cautious outlook for 2020.
Respondents to a recent Transwestern poll expect flat to modest growth for rents and investment in offices, MOBs, and industrial buildings.
