A city in in Pennsylvania had the second fastest-growing rent in the country over the past year.
that tracked rent prices across the country’s largest metro areas to see just how much they changed over the last six months. The big kahuna item Redfin’s study found was that rents are actually growing half as fast as they were half a year ago.
“Rising supply is also causing rent growth to slow. Scores of apartments that have been under construction are now coming on the market, and more homeowners are choosing to become landlords instead of selling in order to hold on to their record-low mortgage rates.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rents are falling, contrary to Consumer Price Index dataRents nationwide declined in September from the prior month, two new reports show. But that slowdown isn't showing up in the monthly inflation data yet. Here's why:
Read more »
Silicon Valley R&D space market mixed in Q3, with availability rising - Silicon Valley Business JournalSilicon Valley's R&D market — relatively strong throughout the pandemic — is showing signs of cooling off. CRE R&D SiliconValley
Read more »
Silicon Valley R&D space market mixed in Q3, with availability rising - Silicon Valley Business JournalSilicon Valley's R&D market — relatively strong throughout the pandemic — is showing signs of cooling off. CRE R&D SiliconValley
Read more »
Retail sales flat in September as inflation takes a biteThe pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things.
Read more »
As rents rise in San Antonio, many tenants struggle to payRents continue to rise, but wages for many aren't keeping pace.
Read more »
Affordable rental housing on the November ballot with Oakland Measure QA measure on the ballot this November in Oakland seeks to give the city authority to develop, build, acquire or help develop up to 13,000 low-rent housing units in the city.
Read more »