Asking Rents Largely Unchanged Yr-over-year

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by Calculated Threat on 1/07/2025 01:48:00 PM

Immediately, within the Actual Property Publication: Asking Rents Largely Unchanged Yr-over-year

Transient excerpt:

One other month-to-month replace on rents.

Monitoring rents is vital for understanding the dynamics of the housing market. Slower family formation and elevated provide (extra multi-family completions) has stored asking rents underneath stress. …

Welcome to the January 2025 Condominium Checklist Nationwide Lease Report. The nationwide median month-to-month hire closed out 2024 at $1,373 in December, after declining by 0.6 %, or $8, from the prior month. Yr-over-year hire development nationally additionally presently stands at -0.6 %, which means that the everyday condominium is presently renting for barely lower than it was one yr in the past. …

Realtor.com: sixteenth Consecutive Month with Yr-over-year Decline in Rents

In November 2024, the U.S. median hire continued to say no year-over-year for the sixteenth month in a row, down $19 or -1.1% year-over-year for 0-2 bed room properties throughout the highest 50 metros, sooner than the speed of -0.8% seen in October 2024.

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