Rental inventory has actually jumped by 7% compared to last year at the same time. but the number of properties leased actually went down by 1.5% and the price only went up by 1.3% compared to last year. That means more homes for rent are sitting on the market right now. It makes it harder for landlords to lease. If you're a renter, now is the time to negotiate. If you're an investor, now is the time to hire a professional property management company that can market your property to get your property leased quickly.