Housing’s Share of GDP Moves Lower in Second Quarter
Housing’s contribution to U.S. GDP slipped to 15.8% in Q2 2026, the lowest since 2019, as NAHB data show residential investment turning positive while housing services growth softened.
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Housing’s contribution to U.S. GDP slipped to 15.8% in Q2 2026, the lowest since 2019, as NAHB data show residential investment turning positive while housing services growth softened.
A JPMorgan Asset Management fund and Sterling Bay refinanced their 500,000-square-foot Fulton Market office tower at 360 North Green Street with a three-year, $213 million loan from Barings.
Cousins Properties sold the 30-story One Eleven Congress tower in downtown Austin to newcomer Canyon Creek Real Estate for $208 million, according to a Cousins SEC filing.
American Healthcare REIT (NYSE: AHR) has acquired a 200-unit senior living community in San Jose, Calif., for $102.75 million, according to The Registry Northern California Real Estate, adding a Silicon Valley asset to its growing senior housing portfolio.
LPT Aperture Holdings, parent of LPT Realty, has acquired Speculo, an AI database-engagement startup whose Remi assistant flags when past clients are ready to re-engage, adding intent detection to LPTA’s growing AI toolset.
Builders FirstSource, the largest U.S. building-materials supplier to homebuilders, posted an 8.8% sales decline and a GAAP net loss in Q2 2026, then lowered its full-year guidance as housing demand softened across single-family, multifamily and repair-remodel channels.
About 5.8% of U.S. home listings were withdrawn from the market in April, tying December 2025 for the highest delisting rate since March 2020, according to Redfin. Atlanta’s reported rate reached 10.7%. Sellers are increasingly choosing to pull a listing rather than accept a weaker offer — a decision that quietly distorts the inventory figures … Read more
MasTec has agreed to acquire Superior Group for approximately $1.65 billion, adding roughly 3,000 employees and specialized electrical and infrastructure capacity aimed at data center construction, the company announced. The consideration is about $1.175 billion in cash and $475 million in stock. This is an acquisition agreement — closing conditions had not been reported as … Read more
Procore Technologies is buying construction robotics and visual intelligence platform DroneDeploy for approximately $845 million in cash, aiming to combine the two companies’ jobsite data into AI tools the company calls digital coworkers.
JLL posted record second-quarter 2026 results, with revenue up 11% to $6.9 billion and adjusted EPS up 59%, as leasing and capital markets activity rebounded and the firm raised its full-year guidance.
Ventas is boosting its 2026 senior housing investment target to $4.5 billion, up 50% from its prior $3 billion goal, after closing $2.2 billion in deals during the second quarter.
EMCOR Group’s Q2 2026 revenue hit a record $5.15 billion and backlog jumped 44% to $17.14 billion, as the electrical and mechanical contractor raised full-year guidance on strength in data center and AI-infrastructure construction.
AvalonBay Communities and Equity Residential revealed Vivmark Residential as the name of the combined REIT taking shape from their pending merger of equals, with the deal now headed to a shareholder vote after a $53 billion pro forma equity value was confirmed.
Manhattan residential sales volume exceeded $8.2 billion in the second quarter of 2026, up 19.4% year over year, according to figures attributed to Douglas Elliman and Miller Samuel in market reporting on the quarterly Douglas Elliman market reports. The gain was led by higher-end transactions, and it indicates that Manhattan’s closed-sales market held up through … Read more
Buyers do not see a loose doorknob as a loose doorknob. They see it as a question: what else in this house has been neglected? That is why repairs are not cosmetic busywork — they are how you protect your asking price. A home that feels cared for earns confident offers; a home with visible … Read more
Atlanta-based Stonemont Financial Group and partner PCCP closed on a roughly $1 billion acquisition of a 38-building, 5.9 million-square-foot industrial portfolio from Blackstone’s Link Logistics, spanning five high-growth U.S. markets.
The 30-year fixed mortgage rate climbed to 6.66% this week, its highest level in a year, as Freddie Mac’s weekly survey showed borrowing costs extending a multi-week climb.
Equinix is marketing at least $3 billion in investment-grade notes, Bloomberg reports, a day after the data center REIT raised 2026 guidance and its long-term capex outlook.
Aligned Data Centers closed a $1.183 billion asset-backed securities deal, upsized 30% on strong demand, backed by four campuses and 14 enterprise tenants, as capital markets keep underwriting the AI data center buildout.
Lincoln Property Company says it has raised more than $2 billion in equity capital in 2026, led by a new $400 million discretionary program backed by family offices HF Capital and SGF Capital.
Koch Inc. is reportedly weighing a sale of data center developer Edged that could exceed $15 billion, according to a Bloomberg report, as Goldman Sachs gauges buyer interest amid an AI infrastructure investment boom.
The National Association of Realtors has issued guidance clarifying agent and broker responsibilities for office exclusives and pre-marketing listings, emphasizing disclosure obligations when sellers waive or delay MLS exposure. Under the guidance, agents must ensure sellers understand their marketing options, and brokers must explain applicable pre-marketing choices and obtain signed disclosures. State laws, local MLS … Read more
Henry AI raised $16.5 million in a Series A led by FirstMark Capital, with RXR’s venture arm among the backers, to expand an AI platform that has already generated more than 20,000 deal documents worth $150 billion for commercial real estate brokerages.
Antares Labs launched with $7.25 million in seed funding from Fifth Wall and other investors to embed custom AI systems directly inside real estate owner-operators, targeting lease-up, churn and investment decisions.
The 10 largest homebuilders captured 43.6% of new single-family home sales nationally in 2025, but that understates their true reach — in some metro markets, the top 10 builders now control nearly all new-home construction.
The Federal Reserve held its benchmark rate steady on July 29 in a 9-3 vote, with three officials pushing for a hike — an unusually hawkish split that leaves mortgage rates likely to hold near current levels into the fall.
Redwood Trust finalized a joint venture giving its Aspire mortgage banking platform up to $8 billion in purchasing power, as the company’s overall mortgage production topped $8 billion for a second straight quarter.
NAREIM, the trade association for institutional real estate investment managers, named 25-year industry veteran Andy Walburger as its next CEO, succeeding Reesa Fischer effective Aug. 17.
AMD will secure more than 500 megawatts of U.S. data center capacity from Core Scientific starting in 2027, in a warrant-based infrastructure deal that could expand to 2.5 gigawatts across the company’s seven-state footprint.
Freddie Mac’s second-quarter net income climbed 61% from a year earlier to $3.8 billion, lifting the mortgage giant’s net worth to $78 billion as it keeps building capital toward eventual release from federal conservatorship.
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