The U.S. Bureau of Labor Statistics (BLS) Producer Price Index (PPI) for June 2024 has brought to light significant fluctuations in residential construction costs. This data, curated and analyzed by the National Association of Home Builders (NAHB), presents a critical snapshot of the rising
America is in the throes of an affordable housing crunch that has left policymakers and stakeholders scrambling for innovative solutions. At the epicenter of this debate is Ivan Rupnik, an architect whose voice is increasingly resonant as he champions a novel approach grounded in history. By
In 2023, the North American construction industry demonstrated resilience in the face of various economic and political challenges. As it moves into 2024, the industry faces a changing set of obstacles and possibilities. The United States, Mexico, and Canada each navigated these difficulties in
In a concerted effort to address Canada's housing shortage, the Canada Infrastructure Bank (CIB) has introduced the **Infrastructure for Housing Initiative (IHI)**. This novel program is designed to mitigate infrastructure bottlenecks and expedite the construction of new residential
Ontario is ambitiously striving to tackle its pronounced housing crisis by planning to erect 1.5 million new homes by the year 2031. However, this plan is currently up against significant challenges. According to the province's most recent budget reports, Ontario's actual housing
Facing a national housing shortage and a surplus of vacant commercial properties, innovative solutions have emerged. One notable trend is the conversion of commercial spaces into residential units to tackle housing demands. This adaptive reuse ranges from high-end to affordable living spaces,
