On Tuesday, leaders of a campaign to use a Chicago real estate transfer tax increase to fund an aggressive effort to reduce homelessness slammed the new mayor for abandoning their cause now that she’s eyeing the same revenue source to help balance her first budget.

But CoreLogic’s Deputy Chief Economist Ralph McLaughlin said he expected the slowdown to turn around in the coming months.

Rents rose again in the second quarter, but construction is slowing down amid rising costs, affordable housing regulations and uncertainty about property taxes.