News

Construction up 0.9 Percent, Continues 7 Year Rising Streak

U.S. construction projects rose in December continuing a seven-year high as the housing market continued its recovery.

Hong Kong Crowned Most Expensive Home Rental City

The financial capital of Asia, Hong Kong has been crowned the most expensive city to be renting homes in. Despite a slight drop in the average monthly rent, the city managed to retain its position, second time in a row.

New Construction Increased by 6 percent Annually, says Report

In a recent report analyzed by McGraw Hill Construction, it was revealed that the number of new construction went up significantly in December 2012 after a gloomy period of the previous two months. The total rate of construction also went up by 6 percent over the year.