- Construction spending in U.S. is projected to exceed $1.42 trillion in 2021
- Homeownership rate in the U.S. continues to decline while median price of new homes sold rose to $384,900
- Lack of affordable housing is termed a “crisis” in communities nationwide
- The company’s energy efficient, lightweight concrete technology is a cost-effective, structurally superior design created for commercial, residential projects
Auscrete Corp. (OTC: ASCK) is a building products manufacturer of environmentally-friendly, energy-efficient housing and commercial structures using a lightweight hybrid concrete material developed through a proprietary technology. Auscrete’s unique process produces a medium that is cost-efficient, extremely soundproof, offers high insulation values, requires very low maintenance, won’t burn, non-toxic, highly resistant to insects and mold, and resists damage from hurricane forces and earth tremors. It’s a more affordable, energy-efficient “green” construction material that can be utilized for building residential housing and commercial structures.
Affordable homes are increasingly becoming more difficult to purchase in the U.S. with the median price of a new home consistently rising while wages stay stagnant in many areas and mortgage rates rise. The average price of new homes sold in the U.S. in 2017 was…
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