Affordable housing projects paused by Region of Waterloo due to high costs of construction, financing
The high cost of construction and interest rates is forcing the delay of an affordable housing project in Kitchener. The region is looking to create more than 300 affordable units on Mooregate Crescent at a cost of almost $300 million. But consultants said the proje...
https://www.cbc.ca/news/canada/kitchener-waterloo/mooregate-redevelopment-project-pause-cost-of-construction-9.7155269?cmp=rss

New US Tariffs on Building Materials Add Pressure to Housing Market Costs

Anthony Cabrera completed his house build in Hopatcong, New Jersey, just before new US tariffs were implemented on imported building materials such as kitchen cabinets, timber, and furniture. The tariffs have caused prices to rise significantly, inflating construction costs and impacting budgets for... [More info]

✅ What You Can Do:

- Lock in fixed mortgage rates early.
- Talk to your builder about material costs.
- Watch how this affects supply & demand near you.

What’s your take on this? Drop your thoughts below.👇
🔔 Follow us for updates!

#RealEstate2025 #HousingCrisis #TariffImpact #Homebuyers #ConstructionCosts #MarketUpdate #SmartInvesting #HousingTrends #RealEstate #RealEstateNews #iBusinesscourse

John Amato reveals an awkward moment as President Trump confronted Federal Reserve Chairman Jerome Powell over skyrocketing construction costs during a project tour. Trump claimed costs soared from $2.7 billion to $3.1 billion, but Powell rebutted, stating he had no knowledge of these figures. This interaction backfired on Trump, making him appear foolish. Interestingly, some Trump supporters are now suggesting criminal charges against Powell.

read more https://crooksandliars.com/2025/07/jerome-powell-humiliates-trump-during-tour

#Trump #JeromePowell #FederalReserve #ConstructionCosts #PoliticalHumor

Jerome Powell Humiliates Trump During Tour Of Federal Reserve

Trump tried to lie about the project, and Powell would have none of it.

Crooks and Liars

I don't understand how construction costs in the US can be higher than in Switzerland. The median salary in Switzerland is 20K higher, and houses are built using heavy and expensive materials, often include a nuclear shelter, whereas US houses barely have walls.

#construction #constructionCosts #building #usa #switzerland

https://worldpopulationreview.com/country-rankings/construction-cost-index-by-country

Construction Cost Index by Country 2025

Beleaguered North Shore wastewater plant will now cost nearly $4B: Metro Vancouver
The new $3.86 billion price tag is up from the last estimate of $1 billion as of 2022 and nearly eight times the initial projection of $500 million.
#globalnews #Politics #constructioncosts #MetroVancouver #northshorewastewaterplant
https://globalnews.ca/news/10378493/north-shore-wastewater-4-billion/
Beleaguered North Shore wastewater plant will now cost nearly $4B: Metro Vancouver

The new $3.86 billion price tag is up from the last estimate of $1 billion as of 2022 and nearly eight times the initial projection of $500 million.

Global News
Beleaguered North Shore wastewater plant will now cost nearly $4B: Metro Vancouver
The new $3.86 billion price tag is up from the last estimate of $1 billion as of 2022 and nearly eight times the initial projection of $500 million.
#globalnews #Politics #constructioncosts #MetroVancouver #northshorewastewaterplant
https://globalnews.ca/news/10378493/north-shore-wastewater-4-billion/
Beleaguered North Shore wastewater plant will now cost nearly $4B: Metro Vancouver

The new $3.86 billion price tag is up from the last estimate of $1 billion as of 2022 and nearly eight times the initial projection of $500 million.

Global News
Want to cut your new home costs by 10% or more? That's what building groups can do

An approach to building homes collectively, inspired by German baugruppen, has been adopted in Australia with positive results.

The Conversation

Insurance giant halts sale of new home policies in California due to wildfires

State Farm also cites inflation of construction costs in statement which comes after increasing wildfires in state

https://www.theguardian.com/us-news/2023/may/27/state-farm-home-insurance-california-wildfires

#climate #climatecrisis #california #insurance #wildfires #statefarm #us
#theguardian #inflation #constructioncosts

Insurance giant halts sale of new home policies in California due to wildfires

State Farm also cites inflation of construction costs in statement which comes after increasing wildfires in state

The Guardian

It’s cheaper for the council to buy homes than build them, consultants told Dublin city councillors recently.

Dublin City Council spent around €510,000 to build a two-bedroom home but it bought similar homes from private developers for €360,000.

https://dublininquirer.com/2022/11/16/it-s-cheaper-for-the-council-to-buy-homes-than-build-them-consultants-tell-councillors

#Dublin #Ireland #HousingCrisis #ConstructionCosts

It’s Cheaper for the Council to Buy Homes Than Build Them, Consultants Tell Councillors

Dublin City Council spent around €510,000 to build a two-bedroom home but it bought similar homes from private developers for €360,000.

Dublin Inquirer