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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.
Dec 16, 20242 min read
Dec 5, 20243 min read
Dec 4, 20244 min read
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Sep 3, 20242 min read
Australian Home Building Approvals Surge in July, But Challenges Persist
Australia: New home building approvals have reached a 14-month high, signaling a return of market confidence. According to the Australian...
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Aug 20, 20241 min read
Cabinet Approves PMAY-U 2.0 to Build 10 million Urban Homes in India
India: The Union Cabinet has approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 scheme, aiming to construct 1 crore houses with a...
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Aug 20, 20241 min read
Residential Building Output Falls 1.3% in Q2 Amid Housing Completion Pressure in Europe
Europe: The volume of production in the residential building sector declined by 1.3% between April and June, following a 7.3% growth in...
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Aug 20, 20241 min read
Australia’s Housing Targets Hit by Construction Slowdown
Australia: The Australian government's goal of constructing 1.2 million homes over the next five years appears increasingly unattainable...
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Aug 15, 20241 min read
Home Improvement Market Declines as Economic Pressures Shift Consumer Spending
US: The home improvement market is facing a downturn due to shifting economic conditions, rising borrowing costs, and inflationary...
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Aug 13, 20241 min read
Construction Industry Confidence Plummets Amid Government Work Shortage in New Zealand
New Zealand: The construction industry is losing confidence due to a lack of a clear pipeline of government work in the near future,...
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Aug 12, 20241 min read
Canada Sees Double-Digit Declines in Building Permits
Canada: Canada's building permit values saw a sharp decline of 13.9% in June, dropping to 9.9 billion USD, according to Statistics...
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Aug 12, 20241 min read
Construction Costs Surge, Pushing Property Prices to Record Highs in Australia
Australia: The rapid rise in construction costs in Australia, which appeared to be slowing, has surged again, driving property prices to...
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Aug 9, 20241 min read
Israel Passes Law Mandating Solar Panels on New Buildings
Israel: Israel’s Ministry of Energy has approved regulations that mandate the installation of solar energy systems on all new...
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Aug 8, 20241 min read
Cambodia Starts Construction of Controversial China-Funded Canal Amid Environmental and Diplomatic Concerns
Cambodia: Cambodia Initiates Controversial China-Funded Canal Project Amid Environmental and Diplomatic Concerns. Cambodia commenced...
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Aug 8, 20241 min read
UK Construction Sector Experiences Significant Growth in July
UK:Â The UK construction sector experienced a notable surge in growth as July saw a significant rise in activity and new orders, prompting...
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Aug 5, 20241 min read
Tight Mortgage Lending Drives Home Building and Renovation in Thailand
Thailand: As banks tighten mortgage lending, buying a house has become increasingly difficult. As a result, buyers are shifting their...
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Jul 25, 20241 min read
Construction Equipment Sales Remain Flat in Q1 FY25 Due to Election Impact in India
India: The Indian Construction Equipment Manufacturers’ Association (ICEMA) has not yet released official sales data, but industry...
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Jul 25, 20241 min read
Home Construction Prices Rise 3.8% in Q2, Wood Products Lead Increase in Thailand
Bangkok: In the second quarter of 2024, the price index for standard home construction rose by 3.8%, driven primarily by a 6.8% increase...
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Jul 22, 20241 min read
Building Permits Decline as Housing Construction Stalls in Germany
Germany: The German housing construction sector faces continued challenges as building permits dropped significantly in May, with 24.2%...
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Jul 22, 20241 min read
Builders Pause on Single-Family Homes as Interest Rates Climb
US: Construction activity for single-family homes decreased for the fourth consecutive month in June due to high interest rates. U.S....
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Jul 22, 20241 min read
Construction Begins on £8m Affordable Housing Project in Poole
UK: Construction has begun on the near-£8m (8.8 million USD) Hillbourne housing development in Poole, which will provide 110 new...
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Jul 22, 20241 min read
Saudi Arabia Signs Deal with Chinese Construction Giant to Build 20,000 Homes
Saudi Arabia: Saudi Arabia's National Housing Company (NHC) has signed an agreement with China State Construction Engineering Corporation...
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Jul 19, 20241 min read
New York's $93M Affordable Housing for Seniors Completed
USA: Construction of Garden Towers Apartments, a $93 million affordable housing project for older residents in the Bronx, New York, has...
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Jul 17, 20241 min read
Australia's Housing Supply Hit by High Interest Rates and Construction Costs
Australia: High interest rates and construction costs are significantly hindering the supply of new housing, exacerbating rental...
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