Project starts may not rebound until late 2026, and even then only if interest rates fall and federal spending is renewed, ...

The most labor-intensive types of home repair ... citing weakness in the housing market and slower construction of new homes. The housing market has been in a slump since 2022, when mortgage rates ...

Deportations and inflation are worsening a labor shortage that was already running rampant through the construction industry, hindering projects and adding to an already significant affordable housing ...

Construction costs have risen 30 to 50 percent since 2020, depending on the location and asset class, according to the National Association of Home Builders. And multifamily builders are facing the ...

Mortgage rates remain one of the most pivotal factors in housing affordability. Following the ultra-low rates of the ...

Construction costs nationally rose 2.7% in the second quarter of this year as commodities, including lumber and copper, grew more expensive, according to a national cost index. Costs rose 5.4% ...

However, more younger people are joining the construction industry. Despite some improvements since the peak of the skilled ...

Wednesday’s trimming adds to a growing sense of a softer borrowing environment for construction by next year, according to a ...

What’s the deal with inflation and interest rates? Inflation has been, unfortunately, a hot topic as of late. In the wake of COVID-19, inflation has caused rising prices and unpredictable market ...

The number of U.S. homes that typically changes hands as people relocate for work, retire or trade-up for more living space ...

It costs $534 to build a single square foot of commercial space in New York City, the most expensive place on the planet for new construction, according to Turner & Townsend. The cost of construction ...