According to the NAHB, the framing lumber composite price increased 0.5% for the week ending on Oct. 4 compared to the previous week. Lumber prices are currently 3.6% lower than they were one year ago. NAHB continually tracks the latest lumber prices and futures prices, and provides an overview of the behaviors within the U.S. framing lumber market. The information is sourced each week using the Random Lengths framing lumber composite price which is comprised using prices from the highest volume-producing regions of the U.S. and Canada. A summary of…
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How Businesses Are Using AI in the Construction Industry
The construction industry is undergoing significant changes with the adoption of AI and machine learning, impacting areas like design, modeling, and project monitoring. AI is enhancing efficiency, reducing costs, and driving innovation by optimizing design processes, ensuring structural integrity, and improving on-site safety through advanced monitoring tools. According to TechTarget, for decades, the construction industry has operated using consistent processes. But, like many sectors, it’s now undergoing significant changes due to the adoption of new technologies — including AI and machine learning. Artificial intelligence is increasingly present in nearly all…
Read More34-Unit Development of Single-Family Homes, Duplexes Proposed in Scituate
34-Unit Development of Single-Family Homes, Duplexes Proposed in Scituate The development, called The Cottages at Old Oaken Bucket, is proposed under the state’s Chapter 40B law. Read More The Patriot Ledger https://www.patriotledger.com/story/news/2022/05/06/developer-proposes-32-units-89-bedrooms-scituates-old-oaken-bucket-cottages-at-old-oaken-bucket/9642758002/
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