Vacant units fell 4.7% QoQ though remain 4.7% above year-ago levels, while units under construction rose 4.1% QoQ but are down 34.9% YoY. Asking rent edged up 1.0% QoQ and 0.2% YoY, pointing to modest stabilization.

SALES TRENDS

Units sold slipped 6.4% QoQ and 4.1% YoY, while average sale price per unit rose 17.5% QoQ and held nearly flat YoY at 0.5%, suggesting pricing resilience despite softening transaction volume.