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Medical Office Market in PHX Thrives

Source: Colliers International  As cases of coronavirus and hospitalizations rose in Greater Phoenix following Memorial Day weekend, the area’s second quarter of real BEX

August 7, 2020 // 0 Comments

Construction Output Drops Significantly

Source: Associated Builders and Contractors  The U.S. economy contracted at an annualized rate of 32.9 percent during the second quarter of 2020, according to BEX

August 4, 2020 // 0 Comments

Report Reveals Costs Trends and Recovery Preview

Source: Rider Levett Bucknall  International property and construction consultancy firm Rider Levett Bucknall has released its new Quarterly Cost Report for North BEX

July 28, 2020 // 0 Comments

Survey: Confidence Returns to Pre-crisis Levels

Source: NAHB Now  In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family BEX

July 21, 2020 // 0 Comments

Ariz. Construction Lost 900 Jobs in June

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate increased to 10 percent in June 2020, from May 2020, according to the BEX

July 17, 2020 // 0 Comments

Online Commerce Driving Growth in Industrial

Source: Colliers International  The Greater Phoenix industrial real estate market remains healthy, despite business conditions during the pandemic. America’s growth in BEX

July 17, 2020 // 0 Comments

PHX Office Space Market Remained Positive

Source: Colliers International   The Greater Phoenix office market remained relatively healthy during second quarter, despite business interruptions caused by Stay-at-Home BEX

July 14, 2020 // 0 Comments

Multifamily Construction Costs May Drop

By Bendix Anderson for National Real Estate Investor  Heading into 2020, a robust development pipeline and rising costs of construction material and labor were major BEX

June 30, 2020 // 0 Comments

Ariz. Construction Gained 3,500 Jobs in May

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate decreased to 8.9 percent in May 2020, from April 2020, according to the BEX

June 23, 2020 // 0 Comments

Input Prices Up in May

Source: Associated Builders and Contractors  Construction input prices rose 0.8 percent in May compared to the previous month, according to an Associated Builders and BEX

June 16, 2020 // 0 Comments

Phoenix Ranks High for Solar Power

By Ellie Borst for Cronkite News  Phoenix dipped slightly in a national ranking of solar power capacity, even as the total amount of power generated and the power per BEX

June 2, 2020 // 0 Comments

Ariz. Construction Lost 4,200 Jobs in April

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate increased to 12.6 percent in April 2020, from March 2020, according to the BEX

May 22, 2020 // 0 Comments

Colliers’ Phoenix Q1 Multifamily Review

By Thomas Brophy for Colliers International   While nearly every aspect of life has changed since March 1st of this year, it is necessary to take stock of where the market BEX

May 8, 2020 // 0 Comments

Billings Index Sees Record Drop in March

Source: American Institute of Architects  Reflecting the deteriorating conditions in the overall economy, demand for design services from architecture firms recorded a BEX

May 5, 2020 // 0 Comments

ABC: Nonresidential Construction Spending Dips

Source: Associated Builders and Contractors  National nonresidential construction spending fell 0.1 percent in March and is up 2.0 percent compared to the same time last BEX

May 5, 2020 // 0 Comments

Ariz. Construction Lost 600 Jobs in March

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate increased to 5.5 percent in March 2020, from February 2020, according to the BEX

April 17, 2020 // 0 Comments

Construction Unemployment Rate Down Y-o-Y

Source: Associated Builders and Contractors  Estimated February not seasonally adjusted construction unemployment rates fell nationally and in 37 states, rose in 12 states BEX

April 10, 2020 // 0 Comments

Phoenix Cranes Up, Balanced Across Sectors

By BEX Staff for AZBEX   According to the latest biannual “RLB Crane Index” from construction monitoring and advisory firm Rider Levett Bucknall, cranes visible BEX

April 7, 2020 // 0 Comments

Construction Employment Dropped in March

Source: Associated Builders and Contractors  Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis BEX

April 7, 2020 // 0 Comments

Spending Decline Indicates What’s to Come

Source: Associated Builders and Contractors  National nonresidential construction spending fell 1.8 percent in February but is up 2.5 percent compared to the same time BEX

April 3, 2020 // 0 Comments

AZ May See More Hospital Beds Due to COVID-19

By Rebekah Morris for AZBEX  On Wednesday, March 25th, Major General Michael T. McGuire, the Adjunct General of the Arizona National Guard, indicated in a press BEX

March 27, 2020 // 0 Comments

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