 Their trade group and Wells Fargo say their indexes of buyer traffic and current new home sales fell in June to fresh lows for the year. Home builder confidence also dipped. President Biden is calling on Congress to pass a form of national rent control for some 20 million apartment units nationwide. The proposal would give large landlords a choice, either agree to cap rent hikes at no more than 5% a year or forfeit federal tax breaks. I'm Nancy Lyons, Bloomberg Radio.