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.


UK Construction Sector Sees Growth Driven by Commercial Projects
UK: The UK’s construction sector experienced an acceleration in growth in November 2024, driven by an increase in demand for office...
brg_news_room
Dec 6, 20241 min read


Albania Sees Decline in Building Permits Despite Increase in Project Value
Albania: Albanian authorities issued 354 building permits in the third quarter of 2024, representing a 1.9% decline compared to the same...
brg_news_room
Dec 6, 20241 min read


High Borrowing Costs Hinder Construction Financing in Nigeria
Nigeria: Nigeria's construction sector is facing significant challenges due to high inflation, soaring material costs, and increased...
brg_news_room
Dec 4, 20241 min read


Proposed 35% Excise Duty Opposed by Construction Industry in Kenya
Kenya: The Kenyan construction industry is opposing a proposed 35% excise duty on essential building materials, including tiles, sinks,...
brg_news_room
Dec 1, 20241 min read


China Implements Tax Relief Measures to Revive Real Estate Sector
China: China has announced tax relief measures to support the struggling real estate sector, which accounts for about a quarter of the...
brg_news_room
Nov 26, 20241 min read


Auckland City Residential Completions Decline Amid Capacity Constraints
New Zealand: New dwelling completions in Auckland city are gradually declining, with Auckland Council data revealing a 5.9% drop in the...
brg_news_room
Nov 26, 20241 min read


Average Construction Costs in Major Indian Cities Rise by 39% in Four Years
India: Higher building material and labor costs have driven a 39% increase in the average cost of construction for housing projects in...
brg_news_room
Nov 26, 20241 min read


Kenya Tackles Housing Deficit with Affordable Housing and Industry Innovation
Kenya: Kenya’s construction industry players have been encouraged to align with the government’s affordable housing program to drive...
brg_news_room
Nov 24, 20241 min read


US Single-Family Housing Starts to Decline as High Mortgage Rates Persist
USA: U.S. single-family homebuilding saw a sharp decline in October, falling by 6.9% to a seasonally adjusted annual rate of 970,000...
brg_news_room
Nov 20, 20241 min read


Anax Developments Unveils Projects Worth $1 Billion in Dubai
UAE: Anax Developments, a subsidiary of Anax Holding, aims to introduce projects with a combined market value of $1 billion over the next...
brg_news_room
Nov 19, 20241 min read


Retal Signs $252M Deal with Saudi Arabia’s NHC to Develop 947 Residential Units in Riyadh
Saudi Arabia: Retal Urban Development Company announced agreements with Saudi Arabia’s National Housing Company (NHC) to develop 947...
brg_news_room
Oct 27, 20241 min read


US Treasury Awards USD 246.4 Million for Affordable Housing and Community Facilities
US: The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund has awarded USD 246.4 million to 48...
brg_news_room
Oct 23, 20241 min read


Abu Dhabi Has 45 Housing Projects in Progress
UAE: Real estate developers in Abu Dhabi are currently working on 45 new projects, primarily located on Yas and other islands in the...
brg_news_room
Oct 23, 20241 min read


China Increases Loan Quota for Unfinished Residential Projects to USD 562 Billion
China: China has announced an increase in the loan quota for unfinished residential projects to 4 trillion yuan (approximately 562...
brg_news_room
Oct 20, 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 17, 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 6, 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
Oct 1, 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 30, 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 24, 20241 min read
bottom of page