Sales volume this year is off to an even slower start than last year’s historic low, lagging an additional 39% below 2024.  Despite this, average prices are holding steady.  It’s still too soon to determine if this signals a broader trend.  Similarly, while it’s premature to predict rental performance for 2025, there’s no indication of improvement compared to last year.  Many associations have budgeted for increased overall expenses in 2025.  Rising building costs were somewhat mitigated by a significant drop in insurance rates.  Though insurance costs remain well above levels from five years ago, they are coming in lower than many associations had expected when planning their 2025 budgets.