Smaller investors see a solid business in buying, fixing up and renting out single-family homes.

Meanwhile, permitting fell sharply in New York, Austin and Phoenix.

New York again led all major markets in employment gains in June.

Most firms are using a Tuesday through Thursday in-office schedule.

Consumers continue to prioritize necessity-based spending and dining out.

The recovery is strongest in specific sectors like data centers, rental housing and logistics properties.

Large single-family REITs look for relief in the built-to-rent market.

In New York, a $1,500 monthly rental budget is unlikely to secure even a studio apartment.