Residential building permits in the US dropped 1.7% over the year ending July 2026, running 19.4% below the pre-pandemic trend, signaling a worsening housing shortage. Detached single-family home completions fell 2.5% in 2025, marking the third consecutive annual decline and the lowest since 2020. Builders are responding by constructing smaller homes faster to maintain affordability, but the reduced pipeline risks tightening the market and driving prices higher when demand returns. Regional permit declines are concentrated in Sun Belt cities, while some coastal and Midwest markets see gains after years of subdued construction.
The new home construction boom is running out of steam, with Pluang's snapshot as of Sep 14, 2026 19:14 WIB showing mixed performance among US Real Estate stocks. Of 22 priced Real Estate-sector US stocks tradable on Pluang, 11 rose and 8 fell today. Notable movers include Realty Income Corp (O) at USD 59.94 with a +0.74% change, VICI Properties Inc (VICI) at USD 25.00 with +0.68%, and Public Storage (PSA) at USD 298.50 with +0.67%.
Amazon is broadening its business by launching two new AI-powered listening devices, the Bee Frontier and Bee Eclipse, following its acquisition of the AI startup Bee in July 2025. These devices enhance Amazon's AI capabilities beyond its cloud compu...
Bank of New York Mellon reported Q3 2026 earnings per share of $2.37, surpassing estimates of $2.27, and revenue of $5.68 billion, exceeding the $5.55 billion forecast. Net income rose to $1.61 billion from $1.34 billion a year earlier, reflecting so...
J.B. Hunt Transport Services is set to report Q3 2026 earnings with EPS estimates between $1.81 and $1.89 and revenue around $3.55-$3.59 billion. The company faces challenges from rising transportation costs, driver shortages, and wage increases, imp...
Alignment Health Plan will expand its Medicare Advantage coverage to Bexar and Comal counties in San Antonio starting January 1, 2027, providing access to coordinated care and trusted local providers for over 392,000 Medicare beneficiaries. This expa...
Interactive Brokers is set to report Q3 2026 earnings of $0.67 per share and revenue of $1.86 billion, reflecting year-over-year growth of about 16% in earnings and 13.5% in revenue. Growth is driven by increased trading activity, more client account...
