Zillow said rent growth is slowing for now, but will pick up by the end of 2022; Redfin called for new listings for homes to break the all-time mark next year.

An industrial supplier will occupy the newly developed Ramona Commerce Center, 430,152 square-foot distribution center in Perris, California.

Some of the cities can hardly be called affordable. But at least buyers have the comfort of knowing they are not overpaying.

Inevitably, the question many investors and developers are asking is, "Is this a bubble and if so, when is it going to pop?"