Investments in both residential and commercial buildings are expected to bolster the market. The global construction materials market is expected to have a compound annual growth rate (CAGR) of 6.7% from 2025 to 2032 to a valuation of USD 2.45 trillion, up from the current estimated USD 1.57 trillion. Residential construction accounts for a global market share of 43.9% of construction materials usage, making it an especially desirable field as green building trends and sustainable practices mold the trajectory of the industry towards a higher market value. Read More
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What Increases Property Value the Most?
Summer renovation projects can significantly boost property value by taking advantage of longer daylight hours and ideal weather conditions for outdoor work. Key upgrades such as kitchen remodels, bathroom renovations, enhanced outdoor living spaces and energy-efficient improvements consistently deliver strong returns on investment. Prioritizing projects with proven ROI during the summer helps homeowners maximize both financial gains and curb appeal when preparing to sell or improve their living space. Read More
Read MoreTariffs Expected to Increase Costs of Building New Homes in the U.S.
New tariffs on imported construction materials are expected to raise the cost of building a typical single-family home by thousands of dollars, according to an NBC News analysis. Materials such as lumber from Canada and appliances from China could contribute to a $4,000 to $10,900 increase, depending on estimates. Industry experts say the uncertainty around material costs is making it more difficult for builders to price homes amid an ongoing housing shortage. According to Robert Dietz, chief economist at the National Association of Home Builders, “About three-quarters of home builders…
Read MoreConstruction Choices That Stand the Test of Time
Future-proof construction ensures low-maintenance, climate-resilient homes by prioritizing durable materials and flexible design to create homes that adapt to evolving needs and environmental demands. Projects feature sustainable materials like hempcrete, modular layouts, energy-efficient systems and long-lasting finishes such as metal roofing and luxury vinyl plank. With integrated smart infrastructure and resilient construction methods, these homes are built to remain functional and stylish while enduring for decades. Read More
Read MoreConstruction Employment: A Tale of Two Cities
The U.S. construction industry has seen uneven growth, with employment rising in half of metro areas but stalling in others due to policy uncertainty and a shortage of skilled labor. While some regions, like Arlington and Boise, gained jobs thanks to strong investment and infrastructure demand, others, such as Riverside and New York, saw declines. Experts attribute the downturn to labor shortages and unclear federal policies, urging greater support for career and technical education to stabilize the workforce and then Emerald. Read More
Read MoreDemand for new construction is quickly weakening
After years of resilience, homebuilders are now grappling with a sharp slowdown in the housing market as high prices, mortgage rates and economic uncertainty dampen buyer demand. New home sales fell 14% in May, and many builders, including Lennar and KB Home, are cutting prices and scaling back development plans amid rising unsold inventory. Despite increased supply from both new and existing homes, sales remain sluggish in most markets. According to Yahoo Finance, “Consumers grew increasingly apprehensive about the economy and rising geopolitical tensions, driving consumer confidence to a 13-year…
Read MoreBest Builders Explain Their Custom Home Tips
Building someone’s dream home can be a little nerve-wracking at times and cause a variety of emotions. Although there may be some unexpected surprises or unwanted ones, there are some ways you can be prepared. Here is advise from some of the top homebuilders on what to expect and handle building a home. According to D Magazine, “Patiently letting the preconstruction process play out. All parties, including your builder, are excited to get shovels in the ground. With that said, ensuring you take adequate time to get plans correct in…
Read MoreA Builder’s Path Towards Offsite Framing
Relationships with structural framing suppliers determine the deliverance of each project By Jess Lohse Builders have faced an unprecedented number of challenges over the last several months. In a short time, they have transitioned from supply chain issues holding back production due to overwhelming demand, to wondering how many homes they will be able to sell thanks to climbing interest rates. Recent memories of the inability to source framing materials understandably contributes to fears of how to efficiently deliver homes at affordable price points. Obviously, relationships remain critical through this…
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