Construction

The US Senate passed a broad bipartisan housing bill on March 12, 2026, aiming to increase construction and limit institutional ownership of single-family homes. The White House endorsed the measure on March 2, highlighting its potential to address affordability challenges. Its path in the House remains uncertain amid midterm pressures. Lawmakers from both parties cite high home prices as a top voter issue, with implementation depending on state and local policies.

The US Senate passed a broad bipartisan housing bill on Thursday, March 12, 2026, aiming to boost construction and limit institutional ownership of homes amid affordability crisis. The measure responds to median home prices at $398,000, five times median income, pressuring both parties before midterms. Its path in the House remains uncertain despite White House support announced March 2. Implementation could take time due to state and local regulations.