- High Price Increase In Construction Project Bidding
According to a recent study by PinnacleOne, one of the nation's leading construction consulting firms, an overwhelming majority (92 percent) of public owners have experienced a price increase in construction project bidding during the past year. The average price increase for the 167 owners interviewed was 13.2 percent, more than ......
- OFHEO's HPI shows largest one-year home-price
increase since 1979.
THE OFFICE OF FEDERAL HOUSING ENTERprise Oversight's (OFHEO's) quarterly House Price Index (HPI) shows that average U.S. home prices increased 9.36 percent from the second quarter of 2003 through the second quarter of 2004. Appreciation for the second quarter of 2004 was 2.21 percent, or an annualized rate of 8.83 ......
- OFHEO'S HPI SHOWS LARGEST ONE-YEAR HOME-PRICE INCREASE SINCE 1979
THE OFFICE OF FEDERAL HOUSING ENTERprise Oversight's (OFHEO's) quarterly House Price Index (HPI) shows that average U.S. home prices increased 9.36 percent from the second quarter of 2003 through the second quarter of 2004. Appreciation for the second quarter of 2004 was 2.21 percent, or an annualized rate of 8.83 ......
- Oil, gas and steel costs drive project bidding
up.
According to a new study by PinnacleOne, one of the nation's leading construction consulting firms, an overwhelming majority (92%) of public owners have experienced a price increase in construction project bidding during the past year. The average price increase for the 167 owners interviewed was 13.2 percent, more than four ......
- Material Prices Continue To Rise
Washington, D.C.— Highway and street construction material prices continued to outpace inflation in December, as contractors paid approximately 14.4-percent more for materials in December 2005 than in December 2004, research economist Alison Premo Black of the American Road & Transportation Builders Association reported recently. There were also double-digit increases in ......
- Still hammering.
Construction firms and their subcontractors are remaining busy in 2005 based on statistics compiled during the first four months of the year. Construction contract values known to McGraw-Hill Construction, Lexington, Mass., show residential construction picking up the pace by 6 percent compared to last year and infrastructure spending being up ......
- Commercial real estate props up economy.
The commercial real estate development sector not only has kept the economy from stalling in the face of the slowing housing market, but it's also been a significant driver of economic growth, according to a study commissioned by the National Association of Industrial and Office Properties (NAIOP), Herndon, Virginia. The ......