Existing-home sales rose in November, denoting three consecutive months of increases, according to the National Association of Realtors. Three of the four major U.S. regions reported growth in monthly sales, while the fourth region held steady in November.
Ongoing external challenges like labor shortages, supply chain disruptions, spiking inflation, and prospects for rising interest rates will likely slow the growth in firm billings in the coming months.
The Architecture Billings Index (ABI) recorded its seventh consecutive positive month, according to a new report from The American Institute of Architects (AIA).
The biannual compensation report provides salary data for more than 40 architecture firm positions in cities across the United States as well as industry salary trends and analysis on where the market is headed.