February 26, 2024 - In the residential sector, leading indicators of remodeling activity point to healthy spending on owner stock over the coming 12 months, with an 8.5% Moving Rate of Change. In addition, the housing starts –an economic indicator that reflects ...

Significant upticks in housing starts and residential permits should lead to more construction demand in 2022 and 2023. Completions of new residential units, both single-family and multifamily, trended downward from Q1 2021 to Q1 2022 due to a slowdown in starts during the depths of the pandemic.

August 9, 2022 - Little hope appears on the horizon for supply chain delays and labor shortages to significantly lessen. ... Construction market premiums increased in Q1 2022 for the 18th consecutive quarter. COVID-related price hikes have been replaced by the ...

With smart home trends, you can remotely control your house devices with your smartphone or tablet. You can also customize your house devices according to your needs. Nowadays, many families choose to set up smart homes, making their lives much more convenient. ... With the increasing availability of low-cost sensors, wireless communications, and cloud computing resources, IoT has become more pervasive in our lives. ... Custom home construction is built with a network of sensors that collect information about everything inside a home: temperature and humidity levels; energy consumption data; motion detected by security cameras; presence or absence of occupants; door locks being opened or closed; water leak detectors and many other data points.

April 30, 2024 - Despite these issues, residential ... are expected to continue in an upward trend. ConstructConnect’s Construction Starts Forecast estimates a 16.7% increase in total residential work for 2021, with an additional 10.5% boost in 2022....

January 29, 2024 - The large-scale project downturn is already resulting in increased interest in private sector projects. Residential construction spending was up nearly 25% in 2021, and residential starts are expected to increase by 7% in 2022.

The us residential construction market size is valued to increase USD 242.9 million, at a CAGR of 4.5% from 2024 to 2029. Increasing household formation rates will drive the us residential construction market. By Product - Apartments and ...

October 21, 2025 - In 2024, 13% of projects took more than 13 months to complete—up from 9% in 2019. National permitting rates have declined, with new homes being authorized at a rate of 10.1 units per 1,000 existing homes, down from 11.7 in 2022.

Construction Statistics consists of blogs about starts and permits, construction spending, the Home Building Geography Index (HBGI) and more. ... Private residential construction spending increased by 1.3% in February, rebounding from a 1.2% dip in January. The growth was largely driven by ...

November 2, 2021 - BLACK IS THE NEW BLACK - While natural, subtle colors and warm tones will continue to trend in 2022, black accents will be the exception. Examples include interior and exterior black window frames, black lacquered entryway doors and black appliances ...

That means that residential ... construction soared in the past decade, from 247 billion U.S. dollars in 2011 to 918 billion U.S. dollars in 2022....

Residential construction sees a favorable long-term outlook despite ongoing challenges affecting the housing market. ... After a drastic shift in the second half of 2022, the housing market started with a strong foothold in 2023 once builder sentiment rose following reports of an early spring selling season and stronger-than-expected sales.

September 26, 2025 - Looking back at these 13 trends, a few ideas stand out clearly: I’ve seen innovative materials like CLT and ICFs improve both performance and sustainability in residential projects. New construction methods, from 3D volumetric to robotics, are shortening build times and addressing labor challenges.

statistics often show movements which may be irregular. It may take three months to establish an underlying trend

February 28, 2024 - The Trend: Sustainability in construction isn’t just a buzzword. It’s becoming a major shift in how we approach building projects. With an increased focus on environmental impact, this trend encompasses everything from using eco-friendly materials to designing energy-efficient buildings.

June 27, 2025 - However, the Producer Price Index report shows the growth in the average cost of building materials decreased from 15% in 2022 to 1.3% in 2023. Prices on gypsum, softwood lumber, and ready-mix concrete fell at the end of 2023, and pricing on ...

August 28, 2025 - The residential market includes several key segments: single-family homes, modular homes, multi-family homes, townhouses, and custom homes. Interestingly, this construction market is projected to reach a staggering $7.68 trillion by 2030, driven by rising home demand. Various factors contribute to this trend, including government policies and demographic trends.

The value of new residential construction put in place in the United States fell in 2023, and it is expected to decrease again in 2024.

Overall cost inflation for materials is expected to begin cooling by the end of 2022 and largely return to typical levels by mid-2023. However, given the large number of construction inputs—many of which are often subject to geopolitical risks ...