Construction, Real Estate & Infrastructure

Seattle – November 12, 2026 -- The median U.S. home-sale price fell 0.9% year over year to $388,613 in the four weeks ending Nov. 8, the fourth consecutive weekly decline after three years of increases, according to Redfin.

Monthly mortgage payment drops to a six-week low of $2,755

The median monthly mortgage payment, seasonally adjusted, was $2,755 at a weekly average mortgage rate of 7.18%. That compares with $2,820 a month earlier. Falling prices and slightly lower rates are both easing the cost of buying.

Pending sales stay flat at the lowest level since 2021

Pending home sales slipped 0.1% from a week earlier and remain at the lowest level in Redfin's records dating back to 2021. Redfin said dipping mortgage rates likely prevented a bigger decline.

Daily average rates fell to a six-week low of 7.17% last week. They have since ticked back up after a hot inflation report.

Nuremberg – November 12, 2026 -- Asking prices for existing apartments in Wolfsburg rose just 0.5% year-on-year to an average of EUR 2,595 per square meter, while 63 of 71 northern German cities and districts recorded increases, according to an immowelt analysis.

Districts around the VW headquarters post declines

Prices fell 1.3% in the Gifhorn district, 1.0% in Peine and 0.7% in Braunschweig. Wolfenbüttel slipped 0.1%, while Helmstedt and Salzgitter each gained 0.2%. Across these seven cities and districts, prices fell 0.3% on average.

Volkswagen plans to cut tens of thousands of jobs, and the region's commuter links are dense. According to Pendleratlas data cited by immowelt, 26,560 workers commute from Gifhorn to Wolfsburg and 13,228 from Helmstedt. Job insecurity could lead households to postpone purchases and reduce demand.

PITTSBURGH – November 10, 2026 -- A Woburn, Massachusetts, inventor has developed a patent-pending pusher tool for insulated metal panels and is offering the design for licensing or sale to manufacturers and marketers.

PANEL PUSHER targets tightening and plumbing of insulated metal panels

The inventor, an installer by trade, designed the PANEL PUSHER as a longer-lasting alternative for installing insulated metal panels used in construction. The tool is intended to make installation faster and easier while maintaining a high level of safety.

It is meant to help tighten and plumb an insulated metal panel without damaging it. According to the inventor, it replaces weak or flimsy pushers that do not last, and it prevents damage to tongue-and-groove connections.

A prototype is available upon request.

Tulsa – November 10, 2026 -- AAON, Inc. reported record third-quarter 2026 net sales of $707.4 million, up 84.1% from $384.2 million a year earlier, and raised its full-year outlook. The company also restated its first- and second-quarter 2026 financial statements and disclosed a material weakness in internal control over financial reporting.

BASX data center demand drives the sales surge

BASX-branded sales rose 218.3% to a record $397.2 million, on data center demand and higher utilization of newly added manufacturing capacity. AAON-branded sales grew 19.6% to a record $310.2 million.

Operating income increased 129.3% to $100.0 million from $43.6 million. Diluted EPS rose 124.3% to $0.83 from $0.37, and non-GAAP adjusted EPS was also $0.83. Year-to-date operating cash flow reached $146.9 million, against a use of $18.8 million a year ago.

CAMDEN, N.J. – November 10, 2026 -- American Water (NYSE: AWK), the largest regulated water and wastewater utility in the U.S., is sending two senior executives to the 2026 NARUC Annual Meeting & Education Conference, held November 8-11 in San Juan, Puerto Rico. The event gathers state regulators, utility executives and industry experts to discuss utility service amid shifting policy, climate and customer expectations.

COO Cheryl Norton joins the affordability kick-off panel

Cheryl Norton, Executive Vice President and Chief Operating Officer, will speak on the 50 States of Affordability + Committee Affordability Kick Off panel. The session examines how policymakers, regulators and utilities manage costs while maintaining essential service.

Las Vegas – November 10, 2026 -- Trimble has launched Trimble Connect Scheduling, an AI-assisted tool that links a construction master schedule to live project data and recommends adjustments before delays compound. The product was unveiled at the Trimble Dimensions User Conference as a native capability of the Trimble Connect platform.

Agentic AI engine monitors RFIs, weather and daily reports in real time

The solution is powered by an agentic planning engine that draws on the Trimble Connect common data environment and Trimble Connect Project Management. It reviews look-aheads, RFIs, weather forecasts, daily reports, submittals and BCF topics to calculate schedule risk continuously. The engine also cross-references current data with historical operational data and patterns to predict threats to the timeline.

TUCSON – November 10, 2026 -- Mattamy Homes, described as North America's largest family-owned homebuilder, has been named a 2026 Tucson Top Workplace by Energage for the second consecutive year, one of 32 companies selected from feedback by more than 7,000 local employees.

Employee survey data determines the 32 Tucson winners

The award rests entirely on confidential responses to the Energage Workplace Survey. Winners were identified across small, midsize and large employer categories.

Anjela Salyer, President of Mattamy's Tucson Division, said the recognition carries weight because it comes directly from team members.

Tucson division collects nine culture awards alongside the main honor

The division also received culture awards in Professional Development, Employee Well-Being, Employee Appreciation, Purpose & Values, Work-Life Flexibility, Compensation and Benefits, Innovation and Leadership.

The Woodlands – November 10, 2026 -- Target Hospitality Corp. (NASDAQ: TH) reported third-quarter revenue of $129.1 million, up 30% from $99.4 million a year earlier and 51% from the prior quarter, as its Workforce Hospitality Solutions (WHS) segment scaled to more than 6,200 utilized beds.

Adjusted EBITDA rose 59% to $34.2 million from $21.5 million, and margin widened roughly 480 basis points to 27%. The company still posted a net loss of $9.2 million, or $0.09 per share.

Contract awards top $1.7 billion since January

Since January 2026, Target has won multi-year awards worth more than $1.7 billion covering over 10,000 beds. Customers span large-scale industrial projects, including AI data centers and power generation. The contracts carry minimum take-or-pay commitments and, in many cases, significant advance payments.

Several recent WHS awards have been expanded, lifting total contract value by more than 10% over initial terms.

Austin – November 09, 2026 -- The US entry point to luxury housing fell 2.3% year over year to $1,197,014 in October, the 31st consecutive month of annual declines, according to Realtor.com's October 2026 Luxury Housing Report. Twelve metros bucked the trend with price gains of at least 1%, and Florida accounted for five of them.

Declines Hit Every Luxury Tier, With the Top Falling Fastest

The threshold for the top 5% of listings dropped 4.1% year over year, while the top 1% fell 6.2%. The ultraluxury threshold fell about 2.7 times as fast as the entry-level luxury threshold.

SAN FRANCISCO – November 09, 2026 -- Outbuild, a construction scheduling platform, has launched an integration that syncs submittals, RFIs and drawings from Trimble ProjectSight directly into its scheduling and planning software, removing manual updates across spreadsheets and systems for general contractors running both products.

The companies point to two figures behind the launch: only 8.5% of construction projects finish on time and on budget, and teams lose an average of 5.5 hours a week searching for revised drawings and updates. Outbuild says documentation and scheduling have long sat in separate systems, so a slipped approval or revised drawing often reaches the scheduler days later, typically in a status meeting.