Hyder Index · Real Estate & Construction
Real estate is changing faster than companies are responding
Real Estate & Construction scored 66 in the November 2026 reading, a Significant Gap. Change scored 66 and response scored 34, so companies are keeping up with about 50% of the change around them. The industry is second on the Index this month, behind Media & Entertainment at 67.
The score held at 66 from October and is up from 62 in May. In October, the NAHB/Wells Fargo builder index fell to 29 from 32, its lowest since June 2012. PulteGroup reported net new orders down 6% in the third quarter. eXp Realty opened its platform to outside AI tools and plans to rebuild its AGNT OS platform in 2027.
For a real estate leader, demand is softening now, while the industry's AI moves are still mostly plans and partnerships. Shama's Strategic Urgency keynote gives your leaders a way to decide which changes to act on this year and which can wait.
Shama created the Hyder Index to measure the Change-Response Gap: how fast industries are changing versus how fast companies are responding. 50 means even, higher means a wider gap, and 60 to 69 is a Significant Gap. A new reading is published the first Tuesday of every month. See the full Real Estate & Construction reading →