Leading Real Estate Indicator Hits Record Low — Opportunity for Developers?

2008-12-17T14:06:11+00:00

The Architecture Billing Index has now dropped in each of the last 10 months, indicating that construction and development of new real estate projects will remain at reduced levels in 2009.   The most recent figures set a new record low.   While this data confirms that real estate construction remains constrained, the lack of work for contractors may allow  developers to obtain more competitive [...]