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Nearly 60% of U.S. moves occur from May to August, with rent prices peaking nationwide. The top 10 cities with the highest renter engagement in early 2025 include Washington, D.C., Cincinnati, Kansas City, Atlanta, Chicago, Minneapolis, Columbus, Los Angeles, Cleveland, and St. Paul. Rent and cost of living vary, with Washington, D.C. having the highest rent ($2,548) and cost of living 42% above average, while cities like Cleveland and Kansas City offer lower costs and rents around $1,200-$1,400.

Online home listings have evolved from basic classified ads to comprehensive platforms like Realtor.com, Zillow, and Redfin, offering detailed data including prices, sales history, taxes, school info, and maps. Listings go live instantly once a seller agrees, making home searches easier and buyers more informed. Alerts notify buyers of new listings, enhancing the home-buying experience, especially in competitive markets like D.C.

For the first time since at least 2018, more U.S. office space will be removed through conversions and demolitions than added via new construction, signaling market stabilization. In 2025, 23.3 million sq. ft. will be removed versus 12.7 million sq. ft. added. Multifamily conversions dominate, making up 76% of projects, adding thousands of housing units. Positive absorption and increased leasing suggest a slow recovery despite high vacancy rates.

In Q2 2025, deal velocity slowed in the District with only three leases over 50,000 square feet. The largest was the Department of Justice renewing and contracting its space at 145 N Street NE to 402,787 square feet, reducing its footprint by nearly 175,000 square feet. Two law firms, Cooley LLP and BakerHostetler, signed new relocation leases of 125,680 and 82,275 square feet, both downsizing.