A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...
Single-family housing starts were at a rate of 1.05 million in December, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 3.3% above the revised November figure of 1.01 million. Privately-owned housing starts in...
Many real estate agents had more housing inventory on their Christmas lists this holiday season. While that seems like a big ask, given the trends in new construction over the past couple of years, it may be a wish that’s not so far from being granted. Digital...
The global spray foam insulation market, which is currently valued at $2.17 billion in 2024, is projected to reach $4.11 billion by 2034 with a compound annual growth rate (CAGR) of 6.6% over the next decade, according to a forecast by Future Markets Insight. Commonly...
KBS Builders Inc., a South Paris, Maine-based modular manufacturer focused on the New England market, has signed a $2.1 million contract for multifamily apartments in Randolph, Vermont. According to the company, KBS will manufacture 16 modules for the construction of...