CBRE, Dallas, found the primary market supply for data centers in North America grew 26% year-over-year in 2023.
Tag: Construction
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Permits for Homes Fell in 2023, Point2 Reports
Point2, Saskatoon, Saskatchewan, released its Housing Construction Report for the U.S., finding that 70% of U.S. metros experienced declines in permitting in 2023.
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Dodge Momentum Index Decreases 1% in November
The Dodge Momentum Index decreased 1% in November to 179.2 (2000=100) from the revised October reading of 181.7, according to the Dodge Construction Network, Hamilton, N.J.
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Construction Spending Increases for Fifth Consecutive Month
The Census Bureau reported construction spending increased in May to a seasonally adjusted annual rate of $1,925 billion, 0.9 percent above the bureau’s revised April estimate.
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Commercial Construction Costs Continue to Escalate
Commercial real estate construction costs continue to increase, reported Rider Levett Bucknall, Honolulu.
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Emerging Construction Lending Risks in the Age of COVID-19
On May 6, join MBA and a construction lending experts for a webinar (complimentary for MBA members).