Vacant units dipped 2.9% QoQ but surged 46.2% YoY, while units under construction rose 8.1% QoQ yet remain 55.2% below year-ago levels. Asking rent was largely flat, up 1.4% QoQ and down just 0.1% YoY.

SALES TRENDS

Units sold surged 27.5% QoQ and 382.5% YoY, while average sale price per unit rose 35.5% QoQ and 28.5% YoY, reflecting broad-based strength in both transaction volume and pricing.