The economic recovery has positively impacted the construction industry, with news coming out this week that home prices made their biggest in 7 years. Meanwhile, companies can still find ways to lower costs, with one recycling firm suggesting contractors can even make money off demolition debris. If you missed those stories and more, Construction Dive is here to get you caught up on this week's biggest headlines.
- Video: Crane at Russian building site topples into nearby building: A tower crane at a construction site in Kirov, Russia, may not have been secured properly and came crashing down as a result.
- Demolition debris isn't just trash—it's cash flow: One demolition company owner that recycles materials claims he can turn demolition waste from expense into profit.
- Home prices make biggest gain in 7 years: The 20-City Index for March was 10.9% higher than the year before, the biggest 12-month gain since April 2006, and the confidence index reached a mark unseen since February 2008.
- As demand returns, builders limit supply to boost prices: There is little better proof of a housing-market recovery than builders who feel they can safely sell fewer homes than the market wants.
- Michelin introduces the 'X-tweel' for skid-steer loaders: Michelin appears to be changing the game in skid-steer construction equipment with a product it calls the "x-tweel" – a tire wrapped around a cylinder and connected by deformable plastic spokes.
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