Report on approved residential construction permits in central Santiago, Chile, noting that more than half have not yet begun construction.
Published by La Tercera. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
GSI Capital's Moneda GSI Rentas Comerciales IV fund paid US$155 million net cash to acquire Rentas y Desarrollo Baker SpA, a Chilean commercial-property company whose 95-property portfolio includes 88 Aramco-leased gas stations.
State labor market conditions softened in June as hiring slowed across much of the country. While a majority of states recorded payroll employment gains during the month, national job growth moderated and employment declines remained widespread in several states. Construction employment continued to expand…
The long-term shift toward building single-family detached homes on smaller lots appears to have stabilized. According to the latest Survey of Construction (SOC), the share of new homes built on smaller lots remained near record highs in 2025, following more than a decade of steadily shrinking lot sizes. While the…
Home prices rose 0.3% in June, tied with May for the fastest growth since the start of 2026. Prices rose 3% on a year-over-year basis–the fastest growth rate in 10 months. Prices rose in 30 major metros month over month, with the biggest increases in Columbus (1.2%), Miami (1.1%) and Cincinnati (1%). This is based…
Vinyl siding was the most used principle exterior wall material for homes started construction in 2025. This material held just over a quarter share of homes, surpassing stucco for the second time since 2018. The declining share for stucco reflected the slowdown for home building in parts of the Sun Belt. For homes…
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