Rent prices are continuing to climb from last month, but will President Biden's national rent control proposal put a brake on this momentum?
As usual this time of year, housing market activity is sluggish, with forecasts indicating a shift towards favoring rentals over homeownership in the coming months.
Despite a gradual balancing out between rental supply and demand, persistent high demand and rental prices continue to boost sector earnings.
Real estate is in a quiet phase right now, with no big changes in rates or trends.
Despite the surge in new home construction across the country, rental demand remains strong, ensuring a resilient market for investors and property managers.
Home and rent prices continue their seasonal rise, but the housing market's recovery faces a setback due to delayed interest rate cuts.