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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.


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 20, 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 15, 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 13, 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...
brg_news_room
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...
brg_news_room
Aug 12, 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...
brg_news_room
Aug 9, 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...
brg_news_room
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...
brg_news_room
Aug 8, 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...
brg_news_room
Aug 5, 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...
brg_news_room
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...
brg_news_room
Jul 25, 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%...
brg_news_room
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....
brg_news_room
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...
brg_news_room
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...
brg_news_room
Jul 22, 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...
brg_news_room
Jul 19, 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...
brg_news_room
Jul 17, 20241 min read


Funding Cuts Halt Delivery of Over 1,800 Affordable Homes in Scotland
Scotland: Funding cuts to the Affordable Housing Supply Programme (AHSP) have stalled more than 1,800 new affordable homes, according to...
brg_news_room
Jul 16, 20241 min read


Germany Sees Slower Growth in Construction Costs
The construction prices in Germany are no longer growing at the same rate as in previous years. The Statistical Federal Office has...
brg_news_room
Jul 12, 20241 min read
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