Construction

The project by Zaha Hadid Architects will cover a total area of almost seven hectares between Bosnyák Square and Rákos Creek.

The project aims to make up the housing deficit in Ghana in excess of 1.2 million units.

Investments in construction in South Africa should grow by 9% in 2022. The industry will then stabilize at an annual average growth of 3.1% between 2023 and 2025.

In 2021 the U.S. residential construction reached its highest level since 2006, with 1.6 million new hoouses, up 15.6% on 2020. The outlook is positive also for the year 2022.

According to Cresme, in 2021 the global construction market will reach the record level of €8,807 billion (+6,4% on 2020) and will continue to grow at an yearly rate of around 3% through to 2025.

The construction sector is also driven by renovations, which have reached an all-time high

Construction volume in the Euroconstruct area will grow by 3.8% in 2021, following a slump of 5.1% in 2020.

After years of decline, the use of clay brick as an exterior wall material for single-family homes is seeing a comeback in the United States and is gaining popularity amongst both builders and homebuyers.

Construction spending grew by 4,7% in 2020. Total new home starts tot up 1.38 million homes (+7%), the highest annual level since 2006

According to the latest Euroconstruct forecast, the construction volume in Europe is estimated to have slumped by 7.8% in 2020, but should grow by 4.1% this year, as well as by 3.4% and 2.4% in 2022 and 2023.

In the first nine months of 2020 US tile consumption dropped 11.6%, US production lost just 1.5% while imports fell by 15,8%

Uzbekistan’s capital Tashkent is attracting the interest of real estate investors, with three projects currently underway in the city-centre district of Yakkasaray.

The new forecasts were presented at the 89th Euroconstruct Conference in Stockholm on 12th June 2020.

According to the new Cresme forecasts, a recovery of between +10% and +11% is expected in 2021. Public works will help to mitigate the downturn.

AIA, the American Institute of Architects, has revised down the 2020 projections to an 11% decline

Total new home starts grew by 3.2%, while new single-family home sales were at their highest level in twelve years: +10.3%.

In 2018, the volume of construction work amounted to 8.4 trillion roubles, which is a 5.3% year-on-year rise, the highest for 10 years.

The Uzbek government has launched a major investment programme covering a range of sectors including construction

The project takes account of Mozambique’s fast-growing population and its high degree of vulnerability to climate change

The development is due to be completed by 2023 and will involve an investment of 580 billion yen