Existing-Home Sales Fell 2.0% in August While Supply Reached a Decade High
NAR reported 3.98 million annualized sales and 4.9 months of inventory, the deepest supply in more than ten years.
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Top real estate stories for September 23, 2026
Rents Have Risen Seven Months Straight and Are Still Below Last Year
Mortgage Rates Jumped 19 Basis Points in a Single Week to 6.95%
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Across the marketInvestment, commercial & policy
Lodging REITs Returned 42.8% in the First Half While Apartment REITs Managed 8.3%
Illustrative residential architecture; not a property discussed in the article.
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Prologis Signed a Record 67 Million Square Feet of Leases in a Single Quarter
The largest industrial landlord in the United States reported rising occupancy and 6.4% same-store growth days before a deadline on its rejected bid for a European rival.
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BXP Raised Its Full-Year Outlook After Occupancy Climbed a Full Percentage Point
The office REIT reported $895.7 million of revenue and 1.8 million square feet of leases executed, while a single asset impairment cut two cents from earnings.
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Mall Tenant Sales Reached $838 a Square Foot as Simon Raised Its Guidance
The largest US mall owner reported new-deal rents up 17% and domestic property net operating income up 8.5% in the second quarter.
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Warehouse Vacancy Fell for the First Time Since 2022 — By One Firm's Count
CBRE recorded a 20 basis point drop to 6.5% while Cushman & Wakefield put national vacancy at 6.9%, a gap that says something about how these numbers are built.
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A Single Football Match Moved the National Hotel Numbers
US RevPAR rose 8.2% in July, with New York's 27.1% gain — the month it hosted the World Cup final — doing much of the lifting.
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Self-Storage Operators Split Four Ways on the Same Quarter
Extra Space grew same-store net operating income 3.5% while Public Storage's fell 2.2% and CubeSmart's slipped 0.7%, with occupancy around 90 to 94% across the group.
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A Boston Tower Sold for $435 Million, and the Buyer Had Been Out of US Office for a Decade
Oxford Properties acquired the 99%-leased One Marina Park Drive from Clarion Partners in the largest Boston office trade in five years.
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Lab Vacancy in East Cambridge Went From Under 1% to 32% in Four Years
JLL's 2026 lab report found availability finally falling — partly because 6.2 million square feet stopped being lab space at all.
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Industrial Now Accounts for 63 Cents of Every Net-Lease Dollar
Net-lease investment volume rose 13% to $12.8 billion in the second quarter while office's share of the market fell to 14% from 20%.
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HUD Rescinds Its Guidance on Accessibility Claims Against Builders
The department says it is applying the Fair Housing Act's statute of limitations to design-and-construction complaints, and attributes $110 million in past repair costs to the prior policy.
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A Long Island City Lot Left Over From an Olympic Bid Will Hold 983 Homes
New York City designated developers for The Orion, where two-thirds of the apartments will be permanently affordable and 149 are reserved for formerly homeless residents.
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A Police Parking Lot in the East Village Is Slated for 131 Affordable Homes
The Aurea would be built on city-owned land at 324 East 5th Street under a community land trust, with 30% of apartments for formerly homeless New Yorkers.
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California Took Five Cities to Court Over Housing Plans Years Past Due
Calexico, Costa Mesa, Half Moon Bay, Ridgecrest and Turlock are all at least two and a half years beyond their compliance deadlines.
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Idaho Set a Floor on Lot Sizes — From Below
Two bills signed April 1 bar cities from banning starter-home subdivisions or accessory dwellings, with compliance required by February 1, 2027.
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New Jersey Became the Fourth State to Ban Algorithmic Rent Pricing
The FAIR Act, signed July 20, prohibits software that pools competitors' nonpublic rent and occupancy data, and takes effect July 1, 2027.
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California Froze Insurance Non-Renewals for 64,000 Policyholders After the Gann Fire
For the first time the one-year moratorium extends to commercial policies covering HOAs, apartment buildings and senior living facilities.
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California Tied State Housing Money to Cities Waiving Their Own Fees
AB 179, signed July 13 as part of the budget, is estimated to cut $60,000 to $70,000 from the cost of an affordable housing unit.
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New York City Set a Target of 200,000 New Affordable Homes in a Decade
The Block by Block plan pairs that goal with preserving 200,000 existing homes and nearly $5 billion over two years.
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The Fed Raised Rates for the First Time Since 2023
A unanimous FOMC lifted the target range to 3.75%–4.00% on September 16, with most participants expecting at least one more increase this year.
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Shelter Inflation Slowed to 3.0% Even as Overall Prices Reaccelerated
The August CPI showed the shelter index up 0.3% for the month and 3.0% over the year, its slowest annual pace in the recent series, while gasoline drove the headline higher.
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