Single-family construction on the rise while multifamily development drops
Steady growth occurs in the single-family home market with the increase in Q2, while the oversaturation of multi-family homes slows development.
News
British Columbia introduces new tower crane regulations for improved construction safety
Tower crane regulations in British Columbia now require a Notice of Project submission to enhance both worker and civilian safety.
Liebherr signs US$2.8 billion zero-emission mining equipment deal
Liebherr and Fortescue announce a new partnership expansion to produce zero-emission mining equipment to deliver on decarbonization targets.
Light it up for NDEAM 2024
Businesses and community organizations across Canada will use purple lights to celebrate the contributions of people with disabilities on October 17, 2024.
Edged Energy breaks ground on eco-friendly data center in Arizona
Edged Energy begins construction on its state-of-the-art data center in Mesa, Arizona, set to redefine sustainable digital infrastructure.
U.S. bridges in crisis: Over a third need repair or replacement, says ARTBA
More than a third of U.S. bridges need repair or replacement, posing risks to public safety and the economy.
Builder sentiment increases in September
Lower interest rates have contributed to increased confidence in present and future single-family home sales and prospective buyer traffic.
How drones are shaping the future of construction
DroneDeploy, Skydio, and Drone Services Canada enhance construction with improved safety, efficiency, and data accuracy through innovative drone technology in 2024.
Lower interest rates could boost US construction projects
A Federal rate cut of 0.5 percent could reignite construction projects, benefiting builders and developers of all sizes.
Buildots secures new $15M investment for AI construction management
AI-powered construction tech company Buildots secures a $15 million investment to continue the development of AI technology in construction.
Federal rate cuts could impact builders—what to expect
Fed rate cuts might boost home demand, but challenges like labor shortages and high material costs still pose problems for builders.
Virginia Tech offers new construction safety leadership major
Virginia Tech introduces a major in construction safety leadership, preparing students for site safety and leadership careers.
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