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In a show of optimism for first-time homebuyers, the starter home market is beginning to recover. In July, pending sales of starter homes increased by 10.2% year-over-year, marking the highest level since October 2022, according to housing market platform Redfin. Comparatively, pending sales of middle-priced homes fell by 6.5%, and sales of upper-priced homes dropped by 10%.
Our Perspective Multi-Slide Patio Doors are designed with the installer in mind. With predrilled holes, color-coded packaging, and integrated internal parts, installation is quicker and easier. Watch our technical features video to see how these innovations make your job easier.
Construction companies face shifting labor markets, volatile material pricing, and global supply chain disruptions that threaten profitability. This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight. Learn how to deploy workforce agility, connected jobsite monitoring, automated procurement, and cost simulation models to preserve margin stability.
Skanska has completed £450M of enabling works at Euston station in preparation for the new High Speed 2 (HS2) London terminus, which remains unfunded. The post Skanska completes £450M enabling works at Euston to prepare for new HS2 station appeared first on New Civil Engineer.
The DOT is releasing $800 million to reimburse builders for using cleaner construction products, Federal Highway Administrator Shailen Bhatt told Construction Dive.
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The DOT is releasing $800 million to reimburse builders for using cleaner construction products, Federal Highway Administrator Shailen Bhatt told Construction Dive.
BUILD talks with Steven Holl and Ed Weinstein about their humble beginnings, their common educational paths, and the life experiences that produced two distinctively successful architecture practices. The post Architectural Origins, Educations and Risks; A Conversation with Steven Holl and Ed Weinstein, Part 1 appeared first on BUILD Blog.
Despite rising home prices, there are still markets where buying a vacation home is attainable. GOBankingRates rounded up some of the most affordable and up-and-coming locations across the U.S. for buying a second home. Many of these markets offer coastal or mountain amenities, with the Finger Lakes regions of New York topping the list, followed by Mount Dora, Fla., and then St.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
While Baby Boomers may have had an easier time entering the housing market than current first-time homebuyers, the generation is still struggling with housing affordability. According to online insurance platform Insurify, home insurance—which has grown approximately 20% from 2021 to 2023—is a major strain on retirees. Home insurance takes up more than 8% of the average retirement income, which is $31,390.
Our Perspective Multi-Slide Patio Doors are designed with the installer in mind. With predrilled holes, color-coded packaging, and integrated internal parts, installation is quicker and easier. Watch our technical features video to see how these innovations make your job easier.
The Coalition for Green Capital said it’s open for business and seeking to build a U.S. network of green banks that will mobilize capital for clean energy.
Risk management in construction faces pressure from tighter margins, compressed timelines, and increasing complexity. This guide shows how AI strengthens project stability by predicting risks across cost, schedule, safety, supply chains, and workforce planning. AI algorithms analyze procurement data, subcontractor bids, equipment performance, and site conditions to identify potential disruptions.
Rent growth for single-family homes in the U.S. is stabilizing after a sharp increase during the COVID-19 pandemic. According to Multi-Housing News, which cites CoreLogic’s Single-Family Rent Index, year-over-year rent growth is approaching pre-pandemic levels, with prices rising by 2.9% year-over-year as of June 2024. Monthly increases have slowed as well, with a 1% gain recorded from May to June 2024.
The London Fire Brigade has announced an investigation into the Bank Holiday weekend blaze at the Spectrum Building in Chadwell Heath, east London. Construction News has pieced together a history of the building from planning documents. Circa 1973: The part-five-part-six-storey office building is built on… The post The timeline of work done on fire-hit Dagenham residential block appeared first on Construction News.
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Paralympian and member of the House of Lords Tanni Grey-Thompson was forced to “crawl off” a London North Eastern Railway (LNER) train at King’s Cross station, leading to criticism from disability campaigners and calls for greater focus on level boarding for accessibility. The post Paralympian forced to ‘crawl off’ King’s Cross train spotlights need for level boarding appeared first on New Civil Engineer.
Image courtesy of Neoen. UGL has been appointed a works package to design and construct the second stage of the Western Downs Battery in Queensland. The contract, which is for renewable energy producers Neoen, consists of the installation of a 270 MW / 540 MWh Battery Energy Storage System and the high voltage infrastructure to connect it to the grid at Neoen’s Western Downs Green Power Hub.
CONSTRUCT™ by CMiC delivers structured project management built for the realities of construction. It brings together RFIs, submittals, drawings, and punch lists in a connected environment that prevents gaps in communication and documentation. Risk is managed in real-time with issue tracking, automated compliance checks, and daily journals that surface hidden patterns.
Construction works for the Aberaeron coastal flood defence scheme in Wales are ramping up, despite logistical challenges and extensive environmental protection requirements. The post Coastal defence project progresses as team tackles logistical and environmental limitations appeared first on New Civil Engineer.
Between 40-50 small modular reactors (SMRs) could be built in India by 2032 if plans by India’s Department of Atomic Energy and Tata Consulting Engineers are realised. The post India plans to build 40-50 SMRs by 2032 appeared first on New Civil Engineer.
Image courtesy of Sydney Metro/New South Wales Government. After being open for just over a week, the Sydney Metro City Line has already provided a total of 1.4 million metro trips on the new M1 Northwest & Bankstown Line since the city section opened from Chatswood to Sydenham. Since opening on August 19 , 210,000 metro trips have been taken per weekday on average, with 98.8 per cent of services running on time.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Upgrades on the Birmingham – Black Country – Shrewsbury line would provide a significant boost to businesses in the region, according to a report from Midlands Connect. The post Case made to upgrade Birmingham – Black Country – Shrewsbury line to boost region’s economy appeared first on New Civil Engineer.
RPSC Recruitment 2024 for Assistant Engineer | 1014 Vacancies | 12-09-2024 RPSC Recruitment 2024 for Assistant Engineer with 1014 Vacancies vacancies, last date to apply fort this job is 12-09-2024 The post RPSC Recruitment 2024 for Assistant Engineer | 1014 Vacancies | 12-09-2024 appeared first on ConstructionPlacements.
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