Thanks to solid strength in the regional market, the 70 firms participating in this year’s ENR MidAtlantic Top Contractor survey posted a combined $27.7 billion in revenue from work performed and billed in 2018. That represents a 6% gain over the amount reported by a slightly different lineup of 70 firms in last year’s ranking from projects in Delaware, Maryland, Pennsylvania, Virginia, West Virginia and the District of Columbia.

Heating in EU households accounts for 79% of the total energy consumption. In cold climate areas, like Finland, the percentage is even higher. Enermix set out to test how room-level control in district-heated apartment houses would affect the comfort of living and energy consumption.

“Our mission is to digitalize Finnish buildings, especially the existing ones,” says Janne Heinonen, the CEO of Enermix, a Finnish tech company. “We focus on existing buildings because the owners are still reluctant to invest in smart building solutions during construction because of the additional costs they entail. Another reason is that there’s not fierce competition in making old buildings smart.”

Sentiment among U.S. homebuilders crept higher in July after falling the previous month, indicating lower mortgage rates are helping shore up demand.

The National Association of Home Builders/Wells Fargo Housing Market Index rose one point to 65 this month, according to a report Tuesday. Economists in a Bloomberg survey projected the gauge would hold at 64.

The U.S. housing shortage has the attention of Federal Reserve Chairman Jerome Powell.

Homebuilders are being held back by a “series of factors,” including higher materials costs, a skilled-labor shortage and President Donald Trump’s immigration and tariffs policies, Powell said during a Senate Banking Committee hearing Thursday.

Lennar Corp., the first big U.S. homebuilder out of the gate this earnings cycle, reported quarterly orders that beat expectations. a sign that low mortgage rates are fueling demand. The shares rose.

In the three months through May, home-purchase contracts rose 1% from a year earlier to 14,518 homes, the Miami-based company said in a statement Tuesday.

U.S. new-home construction fell in May after an April reading that was stronger than initially reported, signaling stabilization in the market amid lower borrowing costs.

Residential starts dropped 0.9% to a 1.27 million annualized rate after a revised 1.28 million pace in the prior month, according to government figures released Tuesday that compared with a 1.24 million estimate in Bloomberg’s survey. Permits, a proxy for future construction, increased 0.3% to a 1.29 million rate that was about in line with estimates.

For years, Samsung has pitched customers internet-connected TVs, refrigerators, and other cornerstones of the home re-imagined for the data-overload era. Now the South Korean engineering-to-gadgets conglomerate is trying to go a step further: making the home itself.

Inside an airy, lavish model house in Seoul, Samsung’s virtual assistant, Bixby, can show visitors what’s inside the kitchen fridge while Amazon’s Alexa assistant controls the living-room lighting and A/C, and a speaker developed by Naver Corp. recommends music and TV shows. Samsung software overlays the in-house and competing products to create a unified control system, and so the company might someday be able to analyze the data created to refine its so-called internet of things.

It took less than a month to sell half the units in a Sao Paulo luxury apartment building earlier this year, even though construction won’t be complete until 2022. And one brokerage that specializes in high-end real estate saw its revenue double in the first four months of this year.

The luxury residential-property market in Brazil’s biggest city is booming with demand from rich Brazilians, fed up with the toll record low interest rates are taking on their portfolios. Gone are the days of double-digit returns on simple treasury securities, so many of the rich are trying to capitalize on soaring prices in the high-end real estate market.

U.S. new-home construction rose for a second month and topped estimates in April in a sign of positive momentum for the housing sector at the start of the second quarter.

Residential starts increased 5.7% to a 1.24 million annualized rate after a 1.7% gain in March that was previously reported as a drop, according to government figures released Thursday. Permits, a proxy for future construction, advanced 0.6% to a 1.30 million rate.
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After three New York City construction workers died on the job within six days, officials are demanding stronger safety measures and promising punitive action against those responsible.

Strata is located in the popular East Village neighborhood of San Diego. The apartment complex consists of two connected towers built over one large below grade parking structure. One tower stands at six stories tall, the other reaches 23 stories.

Strata was constructed multiple stories below the water table in extreme close proximity to a former gas station and dry cleaners, according to Michael Hyduk of Specified Products, Inc., - and product representative for EPRO Services, Inc, who are developers of redundant, field-installed composite systems for below waterproofing and contaminant barrier solutions.