New Study Shows Housing Prices Coming Down

The Realtor.com 2026 Forecast Midyear Update found home price growth is only 1.2 percent, effectively a decline in real terms. Even with modest price growth, the real estate firm had good news on housing prices as it sees things picking up in the second half of the year, given the resilience of the American economy. […]

Gibraltar Buys OmniMax in Big Roofing Supplier Deal

Another merger has hit the building trade with this $1.335 billion acquisition creating a new powerhouse in the residential roofing sector. Gibraltar paid just over $1.3 billion for OmniMax International, which had been owned by Strategic Value Partners and its affiliates. OmniMax operates 16 manufacturing facilities around the country and is projected to have adjusted […]

Construction Jobs Drop In March but Still Up Over a Year Ago

The construction job picture continues to be unstable, showing a decrease in positions in March versus the month before but still gaining versus 2022 numbers. The slowdown in the residential housing market continues to have a negative impact on the number of construction jobs but the results so far this year are outpacing the 2022 […]

How Big Is Too Big for Mass-Timber Buildings?

Even as builders around the world continue to put up larger and larger structures using mass-timber construction, a new report says there are limits to how big you can make a wooden building. Construction of residential, office and commercial buildings using timber construction have boomed the past few years as builders look to the material […]