Signals: What We're Tracking
Remodeling demand is starting to slow. After years of growth driven by aging homes and renovation demand, improvement spending fell 7.2% year-over-year in June. NAHB's latest estimates were revised sharply downward. See what the slowdown means →
AI Data centers are changing the competition for land around the country, increasingly outbidding residential developers for land. In Virginia's Prince William County, a Microsoft-led deal for 124 acres paid $3.75 million per acre (land here typically averages $93,750 per acre). NAHB says it's happening around the country →
Meanwhile, more than 530 local municipalities have passed bans or restrictions on building new data centers, with the majority said to have been passed since the beginning of the year and nearly 190 passed just since June 1, according to Heatmap News →
Outdoor kitchens are becoming permanent infrastructure, according to the latest Houzz seasonal report. Nearly all projects now start from scratch (95%), with 68% adding infrastructure such as plumbing, electrical, or heating systems. See the full study details →
Nearly seven in 10 real estate agents had an international client who didn't complete a U.S. home purchase in the year ending March 2026, with one-third saying the client couldn't find a suitable property. Foreign purchases fell 19.1% to $45.3 billion, with Florida and California accounting for nearly 40% of purchases. Read more from MarketWatch →