Construction News on The Blok

Construction News on The Blok

Architecture billings decreased in January 2015.

Lending for home construction slowed in the 4th quarter.

Home prices rose .87% in December of 2015 (surpassing expectations of a .6% increase).

Micro apartment units are coming to New York City! Some Speculate that because NYC is a predominantly single population, an increase in single-person apartments could help drive rental prices down.

Last week we posted about America’s disintegrating infrastructure. Today’s post is a related topic: funding for highway repair. The Federal Government uses revenue from gasoline tax for repair and upkeep of U.S. highways. But in recent years, gasoline tax revenue has plateaued in many regions. Here are some alternative ways to fund highway repairs.