During the first six months of the year, the value of commercial and multifamily construction starts in the top 20 metropolitan areas of the U.S. increased 24% from 2021, according to Dodge Construction Network.
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for June 2022.
Builders saw sales decline significantly as buyers were priced out of the market on higher interest rates and ongoing home building and development costs, including building materials, according to NAHB.
For 2022, Green Good Design received hundreds of submissions from around the world, including prominent manufacturers and Fortune 500 companies such as Mohawk.
As project inquiries declined significantly in Q2 2022 among build-only and design-build professionals, both have lowered their expectations for new committed projects in Q3 2022.
AHF Products announced that it has closed the purchase of certain assets of Armstrong Flooring, Inc., including the rights to license the Armstrong Flooring brand name as well as the purchase of three U.S. manufacturing facilities, in Lancaster and Beech Creek, Pennsylvania, and in Kankakee, Illinois.