Multifamily rents drop in September 2024

The average multifamily rent fell by $3 in September to $1,750, while year-over-year growth was unchanged at 0.9 percent.

Contractors

Nonresidential construction spending rises slightly in August 2024

National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion.

The Changing Built Environment

Half-century real estate data shows top cities for multifamily housing, self-storage, and more

Research platform StorageCafe has conducted an analysis of U.S. real estate activity from 1980 to 2023, focusing on six major sectors: single-family, multifamily, industrial, office, retail, and self-storage.

Student Housing

Student housing market stays strong in summer 2024

As the summer season winds down, student housing performance remains strong. Preleasing for Yardi 200 schools rose to 89.2% in July 2024, falling just slightly behind the same period last year.

Market Data | Mar 23, 2020

Coronavirus will reshape UAE construction

The impact of the virus has been felt in the UAE, where precautionary measures have been implemented to combat the spread of the virus through social distancing.

Coronavirus | Mar 20, 2020

Pandemic has halted or delayed projects for 28% of contractors

Coronavirus-caused slowdown contrasts with January figures showing a majority of metro areas added construction jobs; Officials note New infrastructure funding and paid family leave fixes are needed.

Market Data | Mar 17, 2020

Construction spending to grow modestly in 2020, predicts JLL’s annual outlook

But the coronavirus has made economic forecasting perilous.

Market Data | Mar 16, 2020

Grumman/Butkus Associates publishes 2019 edition of Hospital Benchmarking Survey

Report examines electricity, fossil fuel, water/sewer, and carbon footprint.

Market Data | Mar 12, 2020

New study from FMI and Autodesk finds construction organizations with the highest levels of trust perform twice as well on crucial business metrics

Higher levels of trust within organizations and across project teams correlate with increased profit margins, employee retention and repeat business that can all add up to millions of dollars of profitability annually.

Market Data | Mar 11, 2020

The global hotel construction pipeline hits record high at 2019 year-end

Projects currently under construction stand at a record 991 projects with 224,354 rooms.

Market Data | Mar 6, 2020

Construction employment increases by 43,000 in February and 223,000 over 12 months

Average hourly earnings in construction top private sector average by 9.9% as construction firms continue to boost pay and benefits in effort to attract and retain qualified hourly craft workers.