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 ...

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.

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 COVID-related price hikes have been replaced by the ...

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.

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 ...

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 ...

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.

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.

August 27, 2025 - In 2025, the home building and residential projects sector will grow significantly. Residential construction spending increased by nearly 25% in 2021, and residential starts were projected to rise by 7% in 2022.

Residential construction: In 2020 and 2021, the provincial housing market saw strong building activity; however, elevated interest rates caused residential construction investment and residential building permits to soften in 2022, a trend that ...

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.

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.

Despite the steadily declining vacancy rate, persistent skilled labour shortages put upward pressure on wages in most industries through 2023. As these pressures continued to abate, residential and non-residential construction costs continued to decelerate through 2023 from the double-digit increases seen in 2022.

November 3, 2025 - Every day until 2050, the industry must construct 13,000 buildings to accommodate an expected urban population of 7 billion. Construction spending crossed $2 trillion in the first half of 2024. Engineering and construction spending increased 11% in ...

April 23, 2024 - On the positive side of the equation, ... has increased 2.6%. Therefore, demand for residential construction should remain firm with Canadian housing starts expected to hold steady at around 240,000 this year versus 263,000 in 2022 and 245,000 ...

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 ...

These data are divided into 3 types: single-family houses, townhouses or small condos and apartment buildings with 5 or more units. The trend in housing starts decreased by 1.7% in November to 264,445 units.

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