HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
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.
Join the Building Design+Construction editorial team for this live webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. This free live webinar, hosted by BD+C editors, will take place Thursday, July 11 at Noon ET / 11 AM Central.
Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.
Lower building material prices, a sluggish U.S. economy, and hesitation among private developers all factor into the 2.1% drop.
Older Millennials are looking to buy homes and move away to more affordable suburbs and exurbs.
The American Institute of Architects reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services.
Bureau of Economic Analysis data indicates that the U.S. output is barely growing and that nonresidential investment is down.
The multi-family residential sector fared the best. The Midwest was the only U.S. region that didn't see an increase in billings.
Europe and Asia will propel that growth, according to a new report from Navigant.
Survey respondents are targeting smaller acquisitions, at a time when market cap rates are narrowing for different product types.
Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. The figure is a step back but still significantly higher than one year ago.
The report looks at global threats and opportunities, and how CRE firms are managing their expectations for growth.
