MARKET MOVES
This Year, Building Expenses In US May Climb By Another 14%
World Construction Today - According to real estate behemoth Coldwell Banker Richard Ellis-CBRE, construction expenses in the US are expected to rise by 14.1% by the end of 2022.
A number of factors, including a labour shortage, general inflation, supply-chain...
News
Concrete Can Be Strengthened Through Recycled PPE Waste
World Construction Today - By using disposable personal protection equipment (PPE) to strengthen concrete, engineers at RMIT University in Australia have created a novel solution to dramatically reduce the amount of trash produced by the pandemic. For the first...
News
Traditional Mortgages vs. Construction Loans – What’s Better?
Your home may be your largest investment, making a mortgage the most significant loan you’ll ever need. However, developing a new residence from scratch necessitates a different kind of mortgage than buying an existing property.
If you’re buying a previously...
Civil Engineering
US Construction Equipment Rental Sales To Rise 12.5% In 2022
World Construction Today - The American Rental Association (ARA) forecasts significant growth for equipment rental revenue in the United States this year despite economic indicators being described as mixed and uncertain. However, the ARA is cautious about the effects...
News
Machine-Interpretable Norms To Aid Move To Sustainability
World Construction Today - A collaboration between the British Standards Institution (BSI) and the Norwegian software company Cobuilder will make machine-interpretable standards information available to the British and global built environment industries. The objective is to enhance collaboration within...
Infrastructure
Belt And Road Initiative- Altering Pattern of African Growth
World Construction Today - According to experts and academics, China's Belt and Road Initiative (BRI) has significantly boosted trade, reduced unemployment, and developed infrastructure in Africa's developing economies, among other things. The comments were delivered during a one-day online...
News
6 Water Management Tips to Prevent Burst Pipes in a Rental Property
With the temperature dropping and the wind growing colder, there are certain things landlords need to be mindful of to avoid unwanted expenses. For many property owners living in colder regions, burst pipes are common and annoying. Sometimes these...
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