Market Update | June 12
June 13, 2026
June 13, 2026
Top Headlines: Delivered by Advisory • Leonard Steinberg
June 12, 2026
1. Workforce Housing Continues Gaining Attention
Hospitality and service industries continue exploring workforce housing solutions as employee housing availability remains an important part of long-term operations.
Across a variety of industries, employers are increasingly recognizing the connection between housing availability and workforce stability—particularly in high-demand coastal and hospitality-driven markets.
As cities continue evolving, workforce housing remains part of broader conversations around long-term community planning and economic sustainability.
— Gandhi
Photo by Phil Crozier
3. Modular Wall Panels Continue Improving Construction Efficiency
Modular open wall panel systems are helping reduce construction waste while improving efficiency across residential building projects.
As builders continue exploring new construction methods, prefabricated systems are drawing increased attention for their ability to streamline timelines while reducing material waste.
The shift reflects a broader focus on efficiency, sustainability, and long-term operational improvements across the construction industry.
(UBS)
Photo courtesy of AIA.org
4. San Diego Welcomes Thousands of Design Professionals This Week
More than 5,000 architects, designers, and construction professionals are gathering in San Diego this week for the AIA Conference on Architecture & Design, one of the industry's largest annual events.
The conference brings together leaders across architecture, planning, technology, and construction to discuss emerging trends shaping the built environment.
As cities continue evolving, gatherings like AIA offer insight into the ideas, innovations, and design strategies influencing future development across both residential and commercial projects.
5. Job Growth Continues to Shape Housing Demand
Areas experiencing continued job creation often see increased housing demand as economic activity and population growth continue expanding.
Historically, employment growth has remained closely tied to long-term housing activity, particularly in regions attracting new businesses and investment.
As industries continue evolving, job growth remains one of the foundational drivers influencing local housing markets and long-term development.
(CNBC)
Photo by Studio McGee
6. Global Millionaire Wealth Continues to Grow
The global population of millionaires continued to rise in 2025, with real estate remaining an increasingly important part of long-term wealth portfolios.
As global wealth expands, many high-net-worth individuals continue viewing real estate as a long-term asset tied to stability, diversification, and lifestyle.
The report also highlights the growing role of private investments and tangible assets within broader wealth management strategies.
(Capgemini World Wealth Report)