Construction costs poised to rise up to 6% in 2024
Building costs will rise between 3% and 6% throughout 2024, depending on the market, according to data released Tuesday by cost management firm Currie and Brown
by Ben Verde Feb 20
Can futuristic utopias solve our housing crisis?
People have been founding new cities forever. It turns out, however, that building a successful city from scratch is harder than it looks — and occasionally takes a millennium to complete
by Jim Dalrymple II Dec 27
What down market? Payrolls are just fine in the brokerage world
Home transactions may be down, but you wouldn't know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Aug 4
Tech-driven horizons: The evolution of building and construction
Explore how innovative solutions are revolutionizing new development from a historically building-centric view to a tenant-centric approach, in this must-watch Inman Access class
by Claire Buzzanca Jun 5
New-home construction creeps upward from lower perch in March
Builders pushed forward with more single-family projects for the second month in a row, but remained far less active than in 2022, according to data issued Tuesday by the US Census Bureau
by Daniel Houston Apr 18
Latest jobs numbers take pressure off wages — and mortgage rates
The real estate industry got 2 kernels of good news in the latest jobs numbers from the US Bureau of Labor Statistics
by Daniel Houston Mar 10
Looking to renovate construction space, Freemodel secures $19.5M
Company handles planning, on-site project management and funding of construction projects, collects payments and fees on back end at closing and sells only through agents and brokerages
by Craig C. Rowe Jan 30
Meet Max, the first robotic 3D printer to earn NAHB membership
The Autonomous Robotic Construction System can be deployed on-site to build a home’s footings, slab, foundation walls, exterior and interior walls and roof, according to the company
by Craig C. Rowe Dec 27
After stable stretch, lumber's roller coaster ride scales yet another hill
Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com
by Daniel Houston Nov 1
As US economy zigs upward again, real estate sags
Hits to broker commissions and home construction drove a decline in real estate gross domestic product in Q3 of the year, new data shows
by Daniel Houston Oct 27
Real estate jobs hold strong even as sales slip, summer ends
Real estate hiring bucked seasonal expectations for September, reflecting steady payrolls despite a weakening sales environment, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Oct 7
Against the odds, some buyers are returning to newly built homes
Homebuilders are reporting shorter construction timelines and fewer supply-chain issues as they deal with a drop in demand for new houses, according to a new survey of homebuilders
by Daniel Houston Sep 8
Spending on construction dipped in July amid market slowdown
Spending on construction in the US has been growing for years, but amid rising rates and a stalling market that trend appears to be coming to an end
by Jim Dalrymple II Sep 1
Home sales have so much further to fall in 2023, Goldman Sachs says
House purchases are expected to plummet further in the closing months of the year, and the recovery may not pick up speed until 2024, according to a new forecast from the investment bank
by Daniel Houston Sep 1
TestFit receives $20M to enhance construction feasibility solution
Advancements in software capability and the availability of enterprise industry data continue to enhance the way commercial and residential developers plan for and execute everything
by Craig C. Rowe Jul 26