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Canada's investment in building construction fell 1.4% to C$20.4B in November as residential sector declined 2.0% to C$14.9B, non-residential sector up 0.2% to C$5.5B; investment in single-family homes fell 3.9%, multifamily up 0.1%: Statistics Canada

Value of Canada's building permits rose 14.1% to C$11.0B in November; value of residential building permits increased 13.7%, single-family permits up 7.1%, multifamily up 19.0%: Statistics Canada

Offsight and Procore partner to provide construction-sector clients project visibility from factory to jobsite; software companies say hundreds of billions of dollars of modular, panelized, prefabricated products already move from factories to jobsites

US single-family starts fell 4.1% in November to an 828,000 seasonally adjusted annual rate, multifamily starts increased 4.9% to annualized 599,000 pace; housing market continues to weaken due to high construction costs, elevated interest rates: NAHB

KB Home announces the grand opening of The Terraces, a new townhome community in Lemon Grove, California; floor plans feature four bedrooms and three-and-a-half baths, and range in size from approximately 1,200 to 1,700 sq. ft.

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