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U.S. construction starts to grow in 2025 after 2024 decline, new analysis forecasts

Archinect

construction starts , encompassing nonresidential building, civil construction, and residential construction, declined by 18.6% All three construction segments experienced contractions YoY, contributing to a full-year decline of 3.5% compared to 2023.

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Billings for residential work remain strong but slower times ahead, suggests AIA Home Design Trends Survey

Archinect

The American Institute of Architects has released their latest quarterly report into residential design. The AIA Home Design Trends Survey (Q4) revealed a contraction in the demand for residential design inquiries and design contracts, despite billings for residential projects continuing to increase.

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AIA/Deltek Architecture Billings Index shrinks again for December

Archinect

For December, inquiries into new projects continued to increase at a relatively slow rate, while the value of newly signed design contracts was shown to have decreased overall. The new AIA/Deltek Architecture Billings Index (ABI) for the month of December has recorded a decline to 44.1

Contract 173
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OMA completes stepped Greenpoint Landing towers in Brooklyn

Archinect

The 600,000-square-foot development comprises two towers and a seven-story building, holding a total of 745 residential units. The two towers lean into and away from each other, with expanding and contracting forms determined by an attempt to maximize internal efficiency.

Contract 359
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AIA releases updated contracts for multi-family residential and prototype residential projects

BD+C

The American Institute of Architects (AIA) is releasing updated contract documents today, including two key residential contracts and a complimentary Condominium Project Guide.

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January Architecture Billings Index kicks off the new year in growth territory as staffing constraints remain

Archinect

New project inquiries and design contracts kept their strong momentum, reporting scores of 61.9 Sector index breakdown: mixed practice (59.3); commercial/industrial (54.2); multi-family residential (50.1); institutional (47.3) Design contracts index: 56.1 Design contracts index: 56.1 respectively.

Contract 264
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Architecture Billings Index in December ends 2021 favorably despite labor shortage and pandemic uncertainty

Archinect

Sector index breakdown: mixed practice (60.6); multi-family residential (49.2); commercial/industrial (49.2); institutional (47.6) Design contracts index: 55.8 December ABI Highlights Regional averages: South (56.4); Midwest (51.0); West (47.5); Northeast (45.3) Project inquiries index: 66.8