Luxury real estate market projected to exceed $330B by 2030

While much of the U.S. housing market faces affordability pressures and elevated mortgage rates, the luxury sector continues to expand. A new Mordor Intelligence report projects the high-end residential market will exceed $338 billion by 2030, up from roughly $289 billion today. The firm reports tha
Read MoreHome improvement contractors remain cautiously optimistic despite slowdown

Most home improvement contractors are still optimistic about the future of the market, but headwinds such as material costs and reined-in consumer spending are weighing down expectations. The Q3 Contractor Activity Tracker, released by The Farnsworth Group and Home Improvement Research Institute, fo
Read MoreSupreme Court’s tariffs case could have minimal impact on construction costs

The Supreme Court could decide on the legality of many of the Trump administration’s tariffs within months, but the ruling won’t impact many of the administration’s levies on imported construction materials such as lumber, steel, aluminum and copper. The case before the Supreme Court contests the le
Read MoreHUD announces drastic changes to homelessness strategy

The Trump administration is preparing a major overhaul of its homelessness strategy, moving away from long-term housing support and reducing funding for those programs. The plan redirects Continuum of Care program resources toward short-term shelters that tie participation to employment and substanc
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