Apartments are going up, but rent isn’t going down yet

While it may not be the best time to be building (or purchasing) a single-family home, apartment construction has reached a 40-year high. All those new units could ease rent prices eventually, but rising labor costs and a supply chain backlog mean it won’t be soon. Plus: A look at “sticky” prices and how the oil and gas industry is betting on fracking as we try to reach net-zero carbon emissions.