Real Estate News 03/11/2026

Real Estate News 03/11/2026

March 11, 20261 min read

Building material costs have surged 34% since 2020, adding roughly $10,900 to the price of a new home. A new Senate bill proposing tariff exemptions on construction materials aims to ease these cost pressures and support housing supply—though its path forward remains uncertain.

In The News:

Realtor–New Senate Bill Aims To Lower Home Prices by Cutting Tariffs on Building Materials. (03-02-2026)

The NAHB has been a proponent of excluding homebuilding materials from the tariffs..

Multifamilybiz – Thompson Thrift Hosts Ribbon Cutting for 276-Unit Verity Luxury Apartment Community in Thriving South Florida Market of Vero Beach (03-06-2026)

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, hosted a ribbon cutting for Verity, a 276-unit Class A multifamily community in Vero Beach..”

Redfin News–Back on the Market: Relistings Jump as Home Sellers Bet on Stronger Spring Market(03-05-2026)

Nearly 45,000 sellers who delisted their homes last year relisted them in January—the highest January number in records dating back a decade..

Fast Company –States with the most—and least—housing market inventory heading into spring 2026” (03-07-2026)

National active listings are on the rise on a year-over-year basis (+7.9% between February 28, 2025, and February 28, 2026).”

Reuters US housing supply gap widens further in 2025, Realtor.com says(03-03-2026)

Realtor.com said in its 2026 Housing Supply Gap report the supply deficit ‌widened to an estimated 4.03 million homes last year from 3.80 million in 2024..”

Back to Blog

© 2025 The Norris Group. All rights reserved. Privacy Policy

NMLS ID 1623669 | California DRE 01219911 | Florida Mortgage Lender MLD1577

Website Design: United Foundry Marketing