High prices, hesitant demand weigh on June new home sales

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Shares in Venture Global (VG +1.21%) rose by 11.2% in the week to Friday morning as the market began pricing in a breakdown of the U.S.-Iran ceasefire. It’s far from clear whether the memorandum of understanding (MoU) between the U.S. and Iran remains relevant, and whether the Strait of Hormuz will be fully opened in…

Mayor Zohran Kwame Mamdani, along with Lisa Kersavage, Landmarks Preservation Commission (LPC) Chair, has unveiled a new set of tools designed to assist New Yorkers in increasing housing availability within historic districts. “The tools released today as part of Mayor Mamdani’s Block by Block Housing Plan demonstrate that we can preserve our historic districts and landmarks while…

A bipartisan House bill slated to be introduced on Thursday would give the Department of Homeland Security the authority to order top artificial intelligence firms to shut down or slow AI models that the government deems too dangerous, according to legislative text viewed first by POLITICO. The proposal, dubbed the “AI Kill Switch Act” and…

House price growth in the UK decelerated in May 2026, according to the latest Land Registry House Price Index, with monthly growth dropping to 0.3% from 0.5% in April. Annual price growth slowed to 2.7% in May, down from 3.9% the previous month, though this figure may be affected by comparisons with last year’s stamp…