Analysis

Industrial and hospitality were the reasons for a year-over-year fall.

Multifamily rents are expected to head back to positive territory after a first-quarter slump.

Also, vacancy ticking up could put more pressure on rents.

The House bill could put an end to state and local oversight of multifamily pricing optimization.

Prologis confirmed that it was under contract to build a $17 billion data center.

While some more pain could be on the way, vacancy could drop to 5% in the coming years.

Make housing expensive enough, and millions will have to pull back all sorts of other spending.

Investment activity is picking up among both coastal and Sun Belt REITs.