real estateSaturday, June 20, 2026
The US housing market hits a grim milestone: a record 242 cities where starter homes cost $1 million. Meanwhile, European markets show signs of cooling, and architecture firms build for the long haul.
The Zillow number is the day's headline, but it's not the only signal of a market under pressure.
242 US cities now have million-dollar starter homes, nearly triple the count in 2020. The pandemic boom reset affordability for first-time buyers, and the recovery is slow.
Spanish expert Sergio Gutiérrez sees a cycle change coming: sales are dropping, and even portals like Idealista hint at moderation. The market may be topping out.
Dutch platform Funda is adding an AI tool to let buyers virtually redecorate homes. It's a bid to keep a cooling market moving by making listings more engaging.
Two European projects show the other side of real estate: long-term urban development and architectural statements.
Herzog & de Meuron's own headquarters in Basel is a material showcase: exposed timber, concrete, and metal in a former industrial quarter. A statement of permanence in a redeveloping area.
Marseille's Alma residence breaks ground as part of the Euroméditerranée 2 renewal. 128 bioclimatic units on a former industrial site, aiming for mixed-use density.
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