UK Government Aims to Get Britain Building Again



The UK government is stepping up its efforts to get Britain building again as Housing Minister, Grant Shapps has just announced a new partnership between the government and the National House Building Council (NHBC)

Construction Industry Rebounds?



Last month saw a massive increase in the number of new home constructions and building permits being handed out, a big sign that the new-home market is finally pulling itself out of one of its worst slumps in living memory. The Washington Post reported that last month, builders broke ground on new homes at a […]

Turkey to Spend $400 Billion on Urban Renovation



Turkey has recently suffered two big earthquakes in the eastern province of Van, both within a month of each other. Unfortunately around 650 people lost their lives, and this has resulted in a major new urban renewal project. According to the report in Sunday’s Zaman, the problem is that most buildings in Turkish cities cannot […]

Asia-Pacific Region Is Cheapest in the World for Building Property



The annual Construction Costs Comparison Report by EC Harris Research has found that countries in the Asia Pacific region have far lower building costs than comparable Western countries, even though countries in Asia have experienced significant economic growth. This report is now into its seventh year, and compares building costs per square meter in 56 […]

Abu Dhabi Rents Could Decline by a Further 10%



According to the second largest real estate developer in Abu Dhabi, residential rents could fall by 10% during the next year, due to the number of new homes being completed.

Construction Could Impact Colorado’s Recovery



There are concerns about the construction industry’s impact on Colorado’s fragile recovery, as this sector has lost 60,000 jobs during the last three years. This is nearly half of the 130,000 jobs lost in Colorado, and recently that contraction became worse. In 2007 the construction industry and related sectors employed one in five private-sector workers, […]

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