The most in-demand metros are near economic hubs and boast a lower cost of living.

Capital is available to finance hotel transactions, though credit standards remain high.

High-street deals increasingly involve greater lease flexibility and larger concession packages.

But there remains some connection between job creation and housing demand.

Although the pipeline has declined, it still contains a large inventory for the next two years.

New supply is expected to align more closely with demand, leading to a peak in vacancy rates.

Absorption reached an apex of 56,000 units during the first quarter.

Tariff activity could increase demand for short-term leases.