Comparatively, trailing 12-month sales volume peaked in the second quarter of 2022 at $140 billion, but has since fallen close to 60% from the recent highs.This slowdown highlights the lingering impacts of rising interest rates and the commensurate uncertainty around asset pricing as rent growth has begun to decelerate.However, private capital remains at the forefront of buying activity, fueled by a steady tide of fresh entrants to the sector and existing operators' efforts to beef up their portfolios.

We will be traveling to the area for leisure so I will read in the forums and explore when I get there. 

Increased investment and job creation in some sectors indicate economic progress, however, the long-term sustainability of these efforts remains uncertain. 

So for OP who posted this I can see this happening given how things work in Canada in the private money sector.

Numerous costs are associated with real estate transactions, so it's critical to have a clear picture of your financial status.Due to the constant nature of the real estate sector, it is imperative to remain up to date on new tactics, market trends, and industry developments.

Most of private REIT that I tracked, don't experience a downturn since April, while the majority of public REIT experiences an average of 5-10% losses, the loss is more if the underlying asset is in office or hotels sector.

Other sectors are shedding jobs. 5.

We are at the front end of some very serious, sector specific, residential real estate challenges. 

The market is booming in both the business and real estate sectors.

The market is booming in both the business and real estate sectors.