Tag Archives: rents

A new Redfin report revealed the share of rental vacancies has increased as more inventory enters the market, causing median asking rents to flatten nationwide from their record high reached in August 2022.

A new RentCafe report unveiled the affordability challenges of buying a home for younger generations. Just how many millennials and Gen Zers don't plan to move out anytime soon? Click through to find out.

"Rents have registered steady declines for the past four months and, while they remain well above pre-pandemic levels, when you factor in the impact of record-high mortgage rates and high home prices, it's understandable that many would-be homebuyers are choosing to remain on the sidelines," said Danielle Hale, Chief Economist at Realtor.com.

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.

While mortgage-purchase applications fell to a 28-year low in August, the median U.S. home-sale price is up nearly 5% year-over-year. Due to a severe lack of inventory, high housing costs continue to dampen homebuying demand, according to a new report from Redfin.

Annual single-family rent growth eased for the 14th consecutive month in June, according to a new report from CoreLogic, remaining near the pre-pandemic growth rate, while growth for attached homes is projected to continue to exceed their detached counterparts.

U.S. rents were slightly more affordable in July compared to the previous year, according to Realtor.com's latest rental report, which revealed an increase in rental supply is gradually helping drive down overall rent prices nationwide.

The nation’s average home value has reached a new all-time high, according to a new report from Zillow, and while steady demand from buyers has fueled July home price increases, experts are now calling for a late-summer seasonal cooldown.

Nationwide, rents are nearing their all-time high, according to a new market report from Redfin, but rent gains have nevertheless cooled over the past year due to an increase in supply, as economic uncertainty and inflated home prices continue to deter buyers.

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.