The green building market could expand threefold in five years, according to a new report from McGraw-Hill Construction.

Home sales in Canada fell to their lowest level in more than six years in October as fallout from the global financial crisis undermined market sentiment, the Canadian Real Estate Association said on Friday.

Toll Brothers Inc , the largest U.S. luxury home builder, said on Tuesday it expected to report a 41 percent drop in fourth-quarter home-building revenue, sending shares down about 5 percent in premarket trading.

Simon Property Group Inc reported a 10.8 percent increase in quarterly funds from operations as it benefited from higher rents, but slower sales growth and lower occupancy at its malls and outlet centers helped drive its shares down more than 4 percent.

Granite Construction Inc ‘s subsidiary, Granite Construction Company, has been awarded a US$44 million contract for a highway rehabilitation project in California.

Prices of U.S. single-family homes plunged a record 16.6 percent in August from a year earlier and plummeted more than 30 percent in Las Vegas and Phoenix, Standard & Poor's said on Tuesday.

The Louisville Arena Authority has awarded Patriot one of the final major contracts for the US$238 million arena’s construction.

A forward-looking measure of US nonresidential construction activity plunged last month as more architects reported cancellations of projects amid the ongoing credit crisis, an architects' trade group said today, October 22.

Construction and mining equipment maker Caterpillar Inc said its quarterly earnings fell 6.4 percent as weakness in the United States spread into Europe and Asia and offset continued growth in emerging markets.

The Commerce Department has said US construction of new homes dropped by 6.3 percent in September to a seasonally adjusted annual rate of 817,000 units, the lowest point since January 1991.

Consumer confidence suffered its steepest monthly drop on record in October and construction starts on new homes fell to a 17-1/2 year low the previous month, as the financial crisis sent shock waves through the economy.

Suez LNG has announced that it has completed pipeline construction for its offshore LNG project, Neptune.

Converted Organics announced today, October 16, that JM Coull has been selected as the construction manager for development of the company’s new organic fertilizer manufacturing facility.

New York City's government, agencies, institutions and private developers are expected to spend about $93 billion through 2010 for new roads, office buildings, apartments, and schools.

Jacksonville-based LC Gaskins Construction Co has been acquired by Barton Malow Co of Southfield, Michigan.

A construction sector presentation designed to help stone industry business owners will be conducted in Las Vegas.

Former Federal Reserve chairman Alan Greenspan said the U.S. housing market will begin to recover in the first half of 2009, according to an article he wrote for Emerging Markets magazine published on Friday.

Caterpillar Inc have said shareholders would still benefit from its quarterly dividend, while United Technologies Corp raised its payout.

Major homebuilders' stocks were trading slightly higher on Wednesday, October 8, after coordinated rate cuts by the Federal Reserve and other global central banks.

US demand for builders' hardware is expected to advance 1.9 percent per year to US$11 billion in 2012.

A government report has showed that US construction spending was unchanged in August, as private residential building increased for the first time since March 2007 and work on commercial projects fell for a fourth month.

Reports have shown that some US steel manufacturers have received fewer orders, causing their inventory stock to rise.

Ashok Leyland Ltd, an India-based commercial vehicles maker, has said it has entered into a joint venture with John Deere for manufacturing and marketing of construction equipment in the country.

Copper prices have slipped on the London Metal Exchange, but demand growth and banking worries mean trading has been thin.

The energy company USEC Inc have awarded a construction and construction management services contract to Fluor Corporation totaling approximately US$1 billion for USEC's American Centrifuge Plant in Piketon, Ohio.

Boston construction services firm Perini Corp said today that it has been awarded new task orders from the US Army Corps of Engineers for work in Iraq worth approximately US$170 million.

American manufacturers of construction, plant and machinery vehicles are drawing from the building boom in the Middle East to hedge their stocks against the continuing recession in the US.

The Will County board in Illinois has approved the first step in a $200 million transportation package to improve and expand dozens of roads over the next six or seven years.

Leading full-service commercial real estate firm US Equities Realty announced today that it is beginning construction on a 100,000-square-foot restaurant and retail development in Chicago.

The worst slump in US housing since the Great Depression was confirmed by construction starts on new homes plunging to a 17-1/2-year low during August.

Three construction firms have been hit with penalties totaling US$313,500 for alleged safety violations leading to a tower crane collapse that killed seven people last March.

Volvo said today that it had appointed the current head of its Volvo Aero division, Olof Persson, as the new head of Volvo Construction Equipment.

The Mexican firm, the world's third-largest cement maker, said that it expects flat third-quarter revenue of US$5.9 billion as the downturn in key markets takes its toll.

Steel Partners, the US-based hedge fund, has written to struggling water heater firm Noritz Corporation outlining a hostile takeover proposal.

Rich Cavallaro will succeed Sal Mancini as President of Skanska USA Civil, Skanska’s US business unit for civil engineering projects, effective January 1, 2009.

The latest Coldwell Banker Home Price Comparison Index has revealed that eight out of the top 10 most expensive housing markets are in California.

Schindler Elevator Corporation, a leading elevator and escalator manufacturer in North America, announced today, September 8, that it will purchase substantially all of the assets of Chicago-area based Valley Elevator Inc.

US construction spending fell 0.6 percent in July as private home building reached a more than seven year low, a Commerce Department report has shown.

As the design-build approach makes a return, President Burton Roslyn says it is time for architects to reclaim responsibility for excellence

Luxury homebuilder Toll Brothers has revealed its fourth straight quarterly loss as writedowns cut a whole in its third quarter results.

Shares of Beazer Homes USA Inc surged more than nine percent on September 2, despite new data showing home construction spending fell in July to the lowest level in seven years.

Woodside Homes, one of the country’s largest privately owned residential builders, has filed for bankruptcy as reports claim it carries more than US$700 million in debt.

The number of deaths in the workplace was down 24 percent last year in California, mainly in the construction trades.

Global door manufacturer Masonite International Inc today, August 28, reported a 13.8 percent drop in sales as the housing market continues to suffer.

To capitalize on the market downturn, the Kolter Group and Och-Ziff Real Estate are to join forces to buy up real estate throughout the southeast United States.

Swedish construction giant Skanska’s US operation has secured a US$150 million design-build contract for a bridge in Delaware from the Delaware Department of Transportation.

Equity One, the shopping center operator, announced that it has completed the acquisition of three value-added properties in South Florida.

EMCOR Group Inc said today, August 21, that its Government Services unit has been awarded a contract to provide facilities services at the Hubert H. Humphrey Building in Washington, DC.

The Inland Real Estate Group of Companies Inc today, August 20, said it had collectively acquired approximately US$1.9 billion in assets during the first half of 2008.

Lowe's Companies Inc, the world's second largest home improvement retailer, has reported a drop in net earnings as the struggling market takes its toll.

Hamptons Luxury Homes Inc, a construction services company that builds and renovates multi-million dollar estate homes in the Hamptons, today, August 15, reported its sixth consecutive quarter of growth.

Toll Brothers reported a plunge of more than a third in their value due to the continued weakness of the housing market.

Building products firm Ply Gem Holdings Inc today, August 11, said that sales had dropped by 12.6 percent for the first half of 2008 as the market downturn began to bite.

The roofing materials firm Beacon Roofing Supply has posted a better-than-expected quarterly profit as sales of its residential roofing products rose 12.4 percent.

Fluor Corporation has announced today, August 7, that it has signed contracts with Valero Energy Corporation for work on its Unified Hydrocracker program.

Balfour Beatty Communities has finalised agreements with the US Department of the Army for a £105 million PPP project in New York.

After failing to win new financing, luxury homebuilder WCI Communities Inc has said that it is to file for bankruptcy alongside 130 of its subsidiaries.

The company reported pre-tax loss for the six months ended June 30, 2008 of US$81 million, compared to a pre-tax loss of US$72 million for the comparable period a year ago.

President Bush today, July 30, signed new legislation with the aim of ending the current cyclical downturn in the housing industry, according to the NAHB.