The U.S. for-sale housing market is in a holding pattern this year, as affordability challenges give aspiring homebuyers pause. This reinforces why renting is the prudent move for now – and likely for a while. 

A new report from Probuilder cites Redfin data about the nation’s home turnover rate this year. In the first nine months of 2025, just 28 out of every 1,000 U.S. homes were sold. That turnover rate of 2.77% is the lowest since the 1990s. 

Redfin notes that high prices are scaring away buyers, while homeowners with sub-5% mortgage rates are opting to stay put. 

“America’s housing market is defined right now by caution,” Redfin Head of Economics Research Chen Zhao said. “Buyers are walking away from deals more often, sometimes due to affordability issues and sometimes because they’re re-evaluating whether now is the right moment to commit. Others aren’t even shopping, waiting instead for prices or mortgage rates to come down.” 

As long as market conditions favor renting, new buildings that offer unforgettable experiences like Douglas Enclave will be in high demand. 

Miami is an intensely competitive rental market, so the smart move is to secure an 18-month lease for a Douglas Enclave apartment now and avoid having to compete with the masses for comparable apartments at much higher rents in 2026. 

Douglas Enclave is an 11-story, 199-unit building with thoughtful mix of studio apartments, one-bedrooms, two-bedrooms and townhomes for rent. Individual apartments feature vinyl-wood flooring, open-concept kitchens, stackable washer/dryer units and efficient appliances. 

Additional building amenities include a club lounge, business center, saline pool, fitness center, pet washing station, EV charging stations, storage space, bike racks, gated parking garage, package delivery room and on-site property manager and maintenance. Douglas Enclave is extremely transit-friendly and located next to a Coral Gables Trolley stop. 

Little Havana is one of Miami’s most popular neighborhoods to live in because of its convenient location, rich history, culture and many things to do. The neighborhood is perfectly positioned near the world-class shopping and dining of downtown Coral Gables, and a short drive from Miami’s bustling Brickell financial district. 

For more information about Douglas Enclave, call (786) 610-4811 or visit the leasing office located at 61 NW 37 Ave. between 9:30 a.m. and 6 p.m. from Monday to Friday, and between 10 a.m. and 5 p.m. on Saturday. Douglas Enclave is part of Miami-Dade County’s Workforce Housing Program – contact the leasing team for more details and qualification requirements.