I don’t have any hard data, but from what I can gather rents are still reasonable, but they are on the rise. I would recommend renting and trying to lock in on a favorable lease for at least a year, maybe two. This is considering you are not ready to purchase in that time. Based on what I’ve been reading, it may be wise to establish a possible 2-3 year plan for renting and go into a savings mode to prepare for the time when buying conditions are more favorable.
