Apartments & Condos

June 2025 marks the 23rd straight month of year-over-year rent decline for 0-2 bedroom properties observed since trend data began in 2020. Asking rents dipped by $36, or -2.1%, year over year. The median asking rent in the 50 largest metros registered at $1,711, up by $6 (0.4%) from last month and $48 (-2.7%) lower than its August 2022 peak.

Miscellaneous

Today, 74% of U.S. adults say they would support banning middle and high school students from using cellphones during class, up from 68% last fall. Far fewer (19%) oppose classroom bans and 7% are unsure, according to a Pew Research Center survey conducted in June.

Auto-New Domestic

The Presidio Midyear 2025 Dealer Direction Survey revealed a cautiously optimistic outlook from U.S. auto dealers. Even as the industry navigates economic turbulence and the ongoing effects of federal tariff policies, dealers are much more bullish than they were just a year ago.