TOP STORYCommercial Real Estate
By Steve Thompson | September 9, 2026
Independence Realty Trust and Centerspace to Merge in $8.1 Billion Apartment Deal
The all-stock combination announced Sept. 9 creates a middle-market apartment REIT with 44,354 units across 163 communities in 17 states, an $8.1 billion enterprise value and roughly $24 million in…
By Steve Thompson | September 9, 2026
LATEST NEWS
Independence Realty Trust and Centerspace to Merge in $8.1 Billion Apartment Deal
Mortgage Rate Hits 6.85%, Highest Since June 2025, as Refis Fall to a 16-Month Low
Mortgage Rate Locks Fall 9% in August as Rate-and-Term Refis Drop 47%
Data Centers Account for $77.4 Billion of 2026’s $78 Billion Commercial Construction Gain
KB Home Opens Its Largest Community in a Decade With 1,500 Homes in North Las Vegas
Agent Pulse Snapshot
63%
Say sellers are more flexible
β 8% vs last week
41
New source responses this week
12
Markets updated this week
Most Active Markets
Based on recent national housing-market rankings
Housing Market
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Payrolls Rise 162,000 in August as Construction Adds 22,000 and Fed Hike Talk Returns
Investor Share of Home Purchases Slips to 27% as Mega Investors Cut Buying by 10,000 Deals
Mortgage
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Mortgage Rate Locks Fall 9% in August as Rate-and-Term Refis Drop 47%
Pulte Opens VantageScore 4.0 to All Fannie and Freddie Lenders as FICO Stock Falls 16%
Commercial Real Estate
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Data Centers Account for $77.4 Billion of 2026's $78 Billion Commercial Construction Gain
Apartment Construction Time Falls to 18.9 Months but Stays Near Decade Highs
Technology & AI
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Data Center Construction Costs Jump 21% Per Megawatt Since 2024, Cushman & Wakefield Finds
NVIDIA Takes Stake in Lancium, Backing 15 Gigawatts of Powered Land for AI Data Centers
Markets to Watch
View all markets βHartfordConnecticut
Tight & affordableLow inventory and steady demand keep sellers firmly in control.
View Market βSan JoseCalifornia
Top-of-market bellwetherHigh prices and tech-driven demand set the pace for the luxury tier.
View Market βMiami BeachFlorida
Luxury resilienceCash and second-home buyers keep this coastal market strong despite high rates.
View Market βThis Week’s Market Question
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