What trends or shifts do you see shaping your industry this fall and into 2026? Several major trends will influence the construction industry into 2026, including strong demand for affordable housing and adoption of new technology. The need for multifamily options including ADU’s and mixed-use developments remains strong, driven by affordability challenges. Single-family home construction is expected to see a modest recovery in 2026 as mortgage rates stabilize, and affordability issues begin to ease in some markets. Technology including AI, prefab construction, 3D printing, robotics and autonomous equipment and enhanced building modeling, is becoming a necessity.
What challenges or opportunities do you anticipate for your clients as the market heads into Q4? In construction, Q4 brings both challenges and opportunities amid rising costs and evolving regulations. Navigating this environment will require planning, innovation, and a focus on efficiency. Rising costs include material inflation, labor shortages, and escalating energy expenses, while regulatory pressures come from stricter building codes and policy-driven changes. Opportunities include realizing cost savings through optimizing material sourcing, adopting advanced construction methods, improving energy efficiency, and leading with sustainable practices to excel in high-demand sectors.