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GM reports Q2 US vehicle sales down 15% year-over-year at 582,401 units as supply chain issues delayed delivery of 95,000 units to dealers; commercial, government, rental fleet sales up 29% from a year ago, market share up 1 point to 16.3%

Median US rental price up 23.2% year-over-year to US$1,849 in May, the tenth consecutive month of double-digit annual growth; largest annual rental price gains were registered in Miami, Orlando, Providence, San Diego, and Tampa: Realtor.com

Mortgage payments higher than rent in 45 of 50 largest US metros, up from 22 in 2019 driven by rising prices and interest rates; incomes lagging behind rising mortgage costs, with monthly payments accounting for 28% of homeowners' monthly income: Zillow

Rising fuel prices cause RV renters to plan 100-mile to 150-mile trips closer to home or have RV delivered to final destination; 58% of RV renters factor fuel prices into summer plans, with 16% saying fuel costs have cut, eliminated travel plans

Commentary: Remote work has caused housing boom in rural markets, where there were fewer high-paying jobs compared to urban areas; shift has resulted in higher demand, prompting builders to create more build-to-rent communities in once sleepy towns

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