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Tag Archives: Rentals

Rent Prices Continue Their Decline

The median asking rent was down from last month, according to Realtor.com's November 2023 Rental Report, with rental supply outpacing demand in the West and South, causing prices to cool.

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U.S. Price Growth Hampered by ‘Below Normal’ Demand

While seasonal price trends typically place downward pressure on rents throughout the fall and winter, it may be no surprise that rents dropped in November, according to a new Rent. report. Asking rents have declined year-over-year in three of the last four months.

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Gen Zers Outpace Millennials, Now Leading U.S. Rental Demand

Millennials outweigh Gen Zers in terms of population, but not when it comes to renter households, according to a new report from the Joint Center for Housing Studies. Daniel McCue, Senior Research Associate, reveals the future of rental housing demand and projects the number of renter households both generations will add over the next decade.

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New Builds Offer Renters More Options Amid Competitive Market

Midwest markets were a hot spot for renters seeking more affordability during peak rental season, dominating the top half of the nation's 20 most competitive rental markets. Renters now have more options to choose from, as the national supply of apartments experienced a slight increase compared to the same time last year, according to a new RentCafe study.

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Single-Family Rental Market Demand Surges in Q2

According to HouseCanary's latest National Rental Report, rental markets continue to see overall increases in median listings, prices, and the number of days homes are spending on the market compared to recent years, as available-for-rent inventory jumped 70% year-over-year from 2022.

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