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.TOP NEWS
Housing industry outlook strong, despite high lumber prices
Entrepreneur
A year ago, as businesses shut down over pandemic fears and millions became unemployed overnight, very few would have guessed that a real estate boom was on the horizon.
But that’s exactly what happened.
Housing starts fell in February, the last full month of data, amid unusually cold weather nationwide. March numbers aren’t in yet, but analysts believed the February drop was a blip.
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Glass-related construction spending down in February
The USGlass News Network
The value of nonresidential architectural glass and glazing spending declined in February, according to Key Media & Research (KMR), a leading data and information provider to the glass industry.
Nonresidential glass construction fell by 6.6%, slightly outpacing a 6.1% dip in overall nonresidential construction spending on a seasonally adjusted annualized rate.
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Is this 3D-printed home made of clay the future of housing?
CNN
How might architecture aid in solving the housing crisis and help build a more sustainable future? West of Ravenna, Italy, in the small town of Massa Lombarda, Mario Cucinella Architects has completed a prototype for a home that aims to do both, by combining some of the newest technology with the oldest housing materials. The dwelling, called TECLA, is the first 3D-printed home made from clay, and its founder, Mario Cucinella, hopes that its program design can become a viable option to house people who lack adequate housing due to financial issues or displacement.
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Augmented Reality in construction
Think Realty
Augmented Reality (AR) is a technological innovation that includes virtual elements in a real environment and now this technology is revolutionizing many industries, including construction and real estate. AR technology is making it possible to facilitate many processes in this industry while increasing the accuracy, efficiency, and management of work tasks.
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As lumber prices skyrocket, Oregon State professor develops method to predict future price changes
Tillamook Highlight Herald
At a time when lumber prices are skyrocketing, an Oregon State University researcher has developed a new way to predict the future price of logs that uses readily accessible economic information.
“Log prices are really variable,” said Jeff Reimer, a professor of applied economics at Oregon State. “That makes this a difficult business, whether you are land manager, mill owner, timberland investor or, as we are seeing now, a home builder.”
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.AWDI DOOR & WINDOW DIRECTORY
Biden's 1.5 trillion budget calls for big investment in HUD
Housing Wire
President Joe Biden’s $1.5 trillion discretionary funding request includes a 15% budget increase for the Department of Housing and Urban Development (HUD) to combat homelessness, retrofit rental housing and increase the supply of affordable housing. But housing industry insiders tell HousingWire that the proposed budget looks unlikely to be passed as currently configured.
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