The construction industry may be changing and evolving at a slower pace than other industries, but is most certainly is changing. While there are no doubt many more trends and changes occurring in the industry here's a list of 10 of the major trends defining the construction industry now.
- Shortage of qualified labor
- Use of BIM and apps on the jobsite
- Homebuilder mergers and acquisitions
- Tight home inventory/rising home prices
- Tiny houses
- More attention to jobsite safety and stricter punishment when it's lacking
- 3D printing and offsite construction
- Growing green building market
- Crack down on corruption in construction
- Builders hopeful many renters will start buying homes
(more in-depth analysis of these top 10 construction industry trends...)
