Construction spending rose 0.4% in October driven by residential gains, while many federal projects remain stalled due to regulatory reviews, according to a new Associated General Contractors of America analysis.
Confidence in the market for new multifamily housing showed mixed results year-over-year in the third quarter, according to results from the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB).
From the Starnet Worldwide Commercial Flooring fall meeting, commercial flooring contractors report that diversified services and building and durable business models are helping them sustain growth into 2025.
Toronto-based Metropolitan Floors is challenging misleading acoustic rating requirements in condominiums, warning that increasingly demanding Impact Insulation Class (IIC) standards are often unattainable in real-world conditions. The company aims to educate industry stakeholders about the gap between laboratory test results and actual building performance.
AHSG and Commercial USA reported significant membership increases and purchasing power growth over the past few years. Read on for insights on how members have diversified their businesses.
Mohawk Builder Multifamily welcomed 11 designers from across the country to its inaugural design summit in Alpharetta, Georgia, to build relationships, garner feedback on flooring products in development, and share insights about the company's investments in innovation and sustainability.
Despite high mortgage rates, single-family home construction remained solid across regions, while multifamily construction continued to decline. Second home markets saw strong growth in both single-family and multifamily construction over the past decade.
High interest rates for construction and development loans as well as ongoing challenges regarding labor shortages and higher prices for many building materials continued to slow the building market this summer.
Existing-home sales fell in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the National Association of Realtors. All four major U.S. regions posted sales declines.
