Remove 2021 Remove Commercial Remove Residential
article thumbnail

Non-Residential Construction Market Still Faltering

Job Order Contracting

Nonresidential construction has dropped 25% since 2020, while residential construction has boomed. Average commercial construction costs have increased 4.5 Unemployment rate: August 2021: 4.6%. Total employment: August 2021: 7.4M. Nonresidential: -9.5% (July 2020 to July 2021. August 2020: 7.6%. August 2020: 7.2M.

article thumbnail

Non-Residential Construction Market Still Faltering

Job Order Contracting

Nonresidential construction has dropped 25% since 2020, while residential construction has boomed. Average commercial construction costs have increased 4.5 Construction employment Unemployment rate: August 2021: 4.6% August 2020: 7.6% Total employment: August 2021: 7.4M 2021) Material costs: +23.1% (Aug.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Two Creeks, a Marsh and Two Lakes Sue a Florida Real Estate Developer

Green Building Law Update

Wilde Cypress Branch, Boggy Branch, Crosby Island Marsh, Lake Hart and Lake Mary Jane, tributaries of the Kissimmee River are seeking declaratory and injunctive relief that Beachline South Residential, LLC’s proposed “Meridian Parks Remainder” mixed use real estate development violates the water bodies’ own right to exist.

Florida 398
article thumbnail

Commercial Builders Turn to Residential Sector as Fallback

Pro Builder

Commercial Builders Turn to Residential Sector as Fallback. Mon, 02/22/2021 - 08:54. As residential construction booms, commercial projects face delays, closures, and even cancellations amid little demand. The impact of the pandemic on residential and nonresidential construction has been anything but even.

article thumbnail

Dept. of Energy issues model energy code determinations for commercial, residential buildings

BD+C

The 2021 International Energy Conservation Code (IECC) and ANSI/ASHRAE/IES Standard 90.1-2019 2019 will increase energy efficiency in residential and commercial buildings, the notice says. The IECC will increase efficiency in residential buildings by 9.4%, DOE says.

article thumbnail

Property Development And Marketing Tips To Maximize Your ROI

Construction Marketing

since March 2021, with the median price reaching $405,000 marking an 8% increase during the same period, according to Fit Small Business. Though house prices have been steadily rising, the demand for residential and commercial property from both local and international investors continues to surge as well.

Income 156
article thumbnail

Barrier breakthroughs: Achieving airtightness in modern construction

Construction Specifier

Estimated improvements in residential and commercial energy codes, 19752022. Energy Information Administration, residential and commercial buildings account for approximately 27.6 Commonly used in residential and commercial buildings, it helps identify air barrier weaknesses and improve energy efficiency.