January 5, 2016

As we move into 2016, we have already seen numerous blog articles from analysts and experts predicting growth in the construction industry.  Construction Dive talked with experts in different sectors of the construction industry to find out their predictions on the top industry trends – from technology trends and prefabrication to labor shortages and homebuyer preference – all with high hopes that 2016 will bring strong demand and booming business.  Here are their top ten:

  1.  Skilled labor shortage will continue to plague construction companies
  2.  Prefab/offsite construction methods will become more popular
  3.  Construction companies will be more cautious about project selection
  4.  BIM will become a necessity, and owner interest in the technology will grow
  5.  Green building will grow in commercial and residential sectors
  6.  Jobsite accidents and criminal indictments on the rise
  7.  Booming multifamily sector will slow down as single-family sector picks up steam
  8.  Laser scanning technology will gain popularity
  9.  Remodeling will have a strong year, especially in the luxury market
  10. Homebuyers will seek out simple, walkable communities

See the full article.