top of page
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.

brg_news_room
Oct 17, 20241 min read
Australia to Tackle Construction Industry Challenges with New Reform Blueprint
Australia: Leaders from Australia’s building and construction industry, including unions, contractors, subcontractors, and government...


brg_news_room
Oct 6, 20241 min read
Affordable Housing Supply Shrinks to 13% in India's Top Six Cities
India: The supply of affordable housing, defined as units priced under Rs 40 lakh (47,000 USD approximately), in India's top six...

brg_news_room
Oct 1, 20241 min read
Thailand Condominium Market Slumps as Chinese and Russian Buyers Withdraw
Thailand: Thailand's condominium sales are experiencing a downturn following a surge driven by foreign buyers from China, Russia, and...


brg_news_room
Sep 30, 20241 min read
Indonesia Targets Massive Housing Initiative to Address Shortage
Indonesia: Indonesia's incoming government has set a target to build 2 million houses annually in rural areas and 1 million apartment...

brg_news_room
Sep 24, 20241 min read
Queensland Launches Largest Social Housing Development Project
Australia: Construction is set to begin on Queensland’s largest social and affordable housing project, which will deliver 490 homes in...


brg_news_room
Sep 24, 20241 min read
Alberta on Track for Record Housing Starts in 2024
Canada: Monthly data from the Canada Mortgage and Housing Corporation (CMHC) shows that Alberta is on pace for a record number of housing...

brg_news_room
Sep 18, 20241 min read
BoE Rate Cut Spurs UK Housing Market, Yet Concerns Remain
UK: Britain's housing market gained momentum in September, driven by the Bank of England's first interest rate cut in over three years...

brg_news_room
Sep 17, 20241 min read
Philippines Sees Slowest Construction Material Price Increase in 6 Years
Wholesale prices of building materials in Metro Manila rose at their slowest rate in over six years, while retail prices remained stable,...


brg_news_room
Sep 12, 20241 min read
Governor Hochul Unveils $93M Affordable Housing Complex in East Buffalo
US:Â Governor Kathy Hochul announced the completion of a $93 million affordable housing complex in East Buffalo, replacing the aging...

brg_news_room
Sep 9, 20241 min read
Eurozone Construction Activity Falls Sharply Amid Ongoing Housing Challenges
Europe: Construction activity in the Eurozone saw a sharp decline in August, driven by ongoing difficulties in the residential sector....

brg_news_room
Sep 5, 20241 min read
European Construction Set to Rebound in 2025 as Building Permits Surge
Europe: The EU construction sector is expected to see a 1.5% decline in 2024, a larger decrease than previously forecast, largely due to...

brg_news_room
Sep 4, 20241 min read
Green Buildings Gain Traction in Vietnam, Could Become Compulsory by 2025
Vietnam: Green construction is gaining momentum and may soon become a compulsory standard in Vietnam. The focus on using eco-friendly...

brg_news_room
Sep 3, 20241 min read
U.S. Construction Spending Drops in July Due to High Mortgages and Increased Supply
US: Construction spending in the US fell by 0.3% in July, a larger drop than the 0.1% expected by economists, as rising mortgage rates...

brg_news_room
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...


brg_news_room
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...


brg_news_room
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...

brg_news_room
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...

brg_news_room
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...

brg_news_room
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,...

brg_news_room
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...
bottom of page