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Pending home sales in the U.S. are back up, posting the highest gain since 2021. According to housing market platform Redfin, pending home sales rose 2% in the four weeks ending Oct. 6, marking the largest increase in three years. Additionally, mortgage-purchase applications increased by 8% month-over-month, and new listings are up 5.7% year-over-year.
Stuart Green is a professor in the School of Construction Management and Engineering at the University of Reading The phase two report of the Grenfell Tower Inquiry offers little comfort for those who work in construction. The report also highlights systemic failings on the part… The post Post-Grenfell we need less contract trading and more regulation appeared first on Construction News.
IRVING, Texas and WESTMINSTER, Colo., — Caterpillar Inc. (NYSE: CAT) and Trimble (Nasdaq: TRMB) today announced the extension of their long-standing joint venture. The agreement includes expanded distribution of grade control solutions in the construction sector to accelerate innovation and customer adoption. Since 2002, the Caterpillar Trimble Control Technologies (CTCT) joint venture has led the industry in grade control solutions, delivering products that contribute to jobsite safety and pr
Take control of your construction projects with this comprehensive guide to modern project controls. Learn how to integrate advanced tools that centralize budgets, schedules, and performance metrics. Discover strategies to prevent overruns, predict risks, and optimize workflows using real-time data and predictive insights. This guide is designed for construction leaders aiming for excellence in a competitive landscape.
The surging net migration of immigrants into the United States since 2022 is boosting labor availability, job creation, and housing demand, especially in the rental sector
The new chair of the Parliamentary transport select committee Ruth Cadbury has told NCE she doesn’t think the aviation sector properly compensates for its climate impact. The post New transport select committee chair says aviation doesn’t compensate for climate impact appeared first on New Civil Engineer.
The new chair of the Parliamentary transport select committee Ruth Cadbury has told NCE she doesn’t think the aviation sector properly compensates for its climate impact. The post New transport select committee chair says aviation doesn’t compensate for climate impact appeared first on New Civil Engineer.
The new signature 266-foot pedestrian bridge was designed with community input, opens in 2026 Buffalo, N.Y. – The 266-foot Ralph Wilson Park bridge was successfully installed over the I-190, marking another important milestone in the complex construction project underway at the park. Designed with community input to increase access to the waterfront, the bridge will create a stunning new pedestrian and bicyclist entrance to Ralph Wilson Park when it opens to the public in early 2026.
The ongoing housing shortage means more skilled construction workers are needed. How many more? According to a report from the Home Builders Institute, the U.S. will need to hire 723,000 new construction workers per year to address the housing deficit. Currently, there are 8.3 million workers employed in construction throughout the U.S., with 3.4 million of them working in residential construction.
The global pursuit of small modular reactor (SMR) technology could feed into the development of nuclear warheads. The post Could small modular reactors be used to create nuclear warheads? appeared first on New Civil Engineer.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Phelps Construction Group named presenting sponsor of Prudential Center’s The Lofts Newark, NJ — The New Jersey Devils and Prudential Center announced today a multi-year partnership expansion with Phelps Construction Group , naming them the presenting sponsor of The Lofts premium hospitality space at Prudential Center. To view photos of the new signage, please click here.
With an ongoing housing shortage, more skilled construction workers are needed. According to a report from the Home Builders Institute, the U.S. will need to hire 723,000 new construction workers per year to address the housing deficit. Currently, there are 8.3 million workers employed in construction throughout the U.S., with 3.4 million of them working in residential construction.
HM Treasury has confirmed that its 10-year infrastructure strategy and new body combining the National Infrastructure Commission (NIC) and the Infrastructure and Projects Authority (IPA) will launch in spring 2025. The post Treasury details 10-year infrastructure plan and new delivery body to be launched in spring appeared first on New Civil Engineer.
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
$20M project allows theme park to provide ample parking during continued expansion Carlsbad, Calif. – McCarthy Building Companies, Inc. (McCarthy), one of the largest and most diversified construction companies in America for over 160 years, today announced the topping out of the new LEGOLAND California Resort parking structure. The structure allows the LEGOLAND California Resort to increase parking accommodations for guests and facilitate park expansion and development with new attractions and
With rising mortgage rates, homeowners are less inclined to refinance and are instead using home equity loans and home equity lines of credit (HELOCs) to tap into their equity. According to property information services provider Corelogic, many homeowners are choosing to keep their low-rate mortgages and opt for these alternatives rather than cash-out refinancing.By mid-2024, home equity lending hit its highest level since 2008, with over 333,000 new loans nationwide totaling $23.6 billion.
The working stress method (WSM) is the first theoretical method for structural design that evolved in the 1900s and was accepted by the national codes of practice for the design of reinforced concrete sections.This article explains in detail the philosophy of the working stress method and the assumptions followed for the design of structures by the WSM method.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Cost effective pump engineered to meet rigorous demands Erie, PA — Finish Thompson Inc. (FTI) , an international leader in the corrosive chemical transfer industry, highlights its line of air-operated double diaphragm (AODD) pumps under its FTI Air division. These state-of-the-art pumps are engineered to meet rigorous construction and utility demands, providing versatile application capabilities, material compatibility, and ease of use.
The marketplace is challenging for both buyers and sellers right now, and because of that, more homeowners are investing in renovations. According to a report from real estate technology company Clever Real Estate, high prices and rising interest rates make it difficult for many to move, so homeowners are choosing to update their current homes instead.
VolkerFitzpatrick has begun the construction of the first phase of the Radlett Strategic Rail Freight Interchange. The post Construction begins on Radlett Strategic Rail Freight Interchange on Midland Main Line appeared first on New Civil Engineer.
ERP deployment options such as SaaS, PaaS, on-premises, and hybrid models directly impact your firm's scalability, security, and integration capabilities. This guide reviews how each approach supports key priorities such as managing complex projects, maintaining data sovereignty, and achieving seamless collaboration. By understanding the nuances of these options, you can make decisions that enhance your ERP's performance while aligning with budget and long-term goals.
Increases energy efficiency, operational integrity, and safety in a facility’s steam distribution system American Plant Maintenance (APM Steam) , a leading provider of steam systems maintenance services, highlights its steam trap survey services, which can be used to create a full inventory of steam traps in a facility’s steam system, identify failing traps, and uncover steam trap station issues that negatively impact the delivery of thermal energy through the steam system and the proper removal
With homeownership becoming increasingly unattainable due to rising prices, high mortgage rates, and limited housing availability, more people are turning to single-family rentals. The number of single-family renter households has grown to over 14.2 million in 2024, and the demand only continues to rise. Online real estate marketplace Point2Homes surveyed more than 1,500 renters to understand how developers and investors can better meet the needs of these renters.
The £9bn Lower Thames Crossing has seen many controversies along its now 20-year lifespan and these are not set to stop anytime soon. The post Industry dismay at delay to Lower Thames Crossing decision appeared first on New Civil Engineer.
Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network
In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.
TALLAHASSEE, Fla. & WESTMINSTER, Colo., — Florida A&M University (FAMU) and Trimble (Nasdaq: TRMB) celebrated the grand opening of the new Trimble Technology Lab at the Tallahassee campus on October 2. This event marks a major milestone as FAMU becomes the first Historically Black College and University (HBCU) to host a Trimble Technology Lab (TTL).
While many parts of the marketplace saw a general decline in activity throughout 2024, the luxury housing market saw some growth. According to a report from online real estate database PropertyShark, 67% of the 100 most expensive U.S. zip codes experienced a rise in median sales prices, compared with only 29% in 2023. A record 15 zip codes had median sales prices over $4 million, while only 15 remained below $2 million.
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