U.S. commercial property developers and owners are facing higher construction and operating expenses after nonresidential construction inputs rose 8.9% year over year in August. Multifamily construction inputs also increased 7.5%, while higher copper, steel and maintenance costs added further pressure to development and property budgets. Key Takeaways Nonresidential construction inputs increased 1.3% in August and 8.9% year over year. Multifamily construction inputs rose 1.3% in August and 7.5% annually. Copper prices increased 4.2% during August and 27.2% from a year earlier. Steel prices rose 1.7% in August and 23.4% year over year. Nonresidential repair and maintenance costs increased 9.6% year over year. The latest Producer Price Index data show that construction-related costs increased across several categories in August, adding expense to projects that require new construction, renovations, tenant improvements and property maintenance. The U.S. Bureau of Labor Statistics reported that final-demand producer prices increased 0.4% in August and 5.4%
Fengate Asset Management and Mavrek Development have begun construction on Julep West Loop, a 25-story mixed-use project in Chicago’s West Loop. The development will include
U.S. apartment investment volume fell 16% year over year to $12.4 billion in July, according to MSCI data, with garden apartment transactions declining more sharply
Montgomery County has authorized up to $420 million in tax increment financing bonds for MCB Real Estate’s VIVA White Oak development, clearing a major infrastructure
Titan Real Estate Development has begun construction on Park Square Yonkers, a $185 million mixed-use project at 1 Loehr Place in Yonkers, New York. The
Housing affordability weakened across the United States in the second quarter, according to the NAHB/Wells Fargo Cost of Housing Index. Higher mortgage rates and rising
The Rent vs. Buy Gap narrowed across the largest U.S. housing markets in July 2026, while seven metros showed a notable combination of falling starter-home
Hoque Global has completed the first infrastructure phase of University Hills, a roughly 280-acre, $1 billion mixed-use development in Southern Dallas. The milestone advances work
China real estate is confronting a land-tenure issue involving more than 1 trillion yuan, or about $148 billion, of non-residential property with 20 years or
Home equity held by U.S. mortgage borrowers reached a record $18 trillion in the second quarter of 2026, according to ICE. The milestone comes as
The National Association of Realtors has introduced a quarterly Commercial Real Estate Demand Index covering 306 U.S. metropolitan areas. The index measures local employment, population
Portman has secured construction financing for Gateway 1960, a 714,233-square-foot speculative industrial campus in Houston. The project will include three warehouse facilities at North Houston
New York City’s Second-Home Tax is adding a new annual cost for certain high-value residences beginning with the 2026-27 property-tax year. With roughly 17,000 owners
The former Pinarama Bowling Center in South Tampa has been sold for $3.2 million to Indraplace Tampa LLC. The transaction transfers ownership of the longtime
A Rodeway Inn property in Sun City Center has been sold for $6.5 million, marking a commercial real estate transaction that exceeded its 2018 sale
A new CNBC housing market survey found that more U.S. real estate agents are describing their local markets as balanced rather than favoring sellers. The
Office REIT funds are receiving renewed attention from market observers as investors evaluate commercial real estate investment trusts beyond the fast-growing data center segment. Recent
EQT Real Estate announced the acquisition of a 2.4 million-square-foot logistics portfolio spanning multiple Southeast U.S. markets, adding a collection of industrial properties positioned within
U.S. mortgage rates moved to the edge of 7% in mid-September, increasing pressure on buyers even as listings expand and sellers make more price cuts. Fresh mortgage and housing
U.S. homebuilding costs increased by a median 6.7% over the past 12 months, according to results from the July 2026 NAHB/Wells Fargo Housing Market Index survey, but the increase
Major U.S. banks announced expanded commitments to finance affordable housing developments and homeownership initiatives, adding new capital to projects intended to increase housing supply. The funding supports public-private housing
Trending real estate news and business for the United States — commercial, residential, mortgage, and the capital that moves them.
Real Estate Today is not responsible for the content of external websites.
Copyright ©2026 Matrix Global, LLC. All Rights Reserved.
Real estate professionals, investors, and developers ready to build credibility through publication.
Real Estate Today is not responsible for the content of external websites.
Copyright ©2026 Matrix Global, LLC. All Rights Reserved.
