News

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.

AGC Report: Private Sector Demand Boosts Construction Employment in America

In a recent study conducted by the Associated General Contractors of America (AGC), it was revealed that private sector construction demands bolstered the creation of construction jobs in a number of metropolitan areas across the country. However, some areas are still suffering due to low public sector and commercial construction demands.