by Calculated Danger on 11/06/2024 12:13:00 PM
As we speak, within the Actual Property E-newsletter: Asking Rents Principally Unchanged 12 months-over-year
Transient excerpt:
One other month-to-month replace on rents.
Monitoring rents is essential for understanding the dynamics of the housing market. Slower family formation and elevated provide (extra multi-family completions) has saved asking rents underneath stress. …
Welcome to the November 2024 Condo Record Nationwide Lease Report. Nationwide Lease Report. The nationwide median lease dipped by 0.7% in October, as we get additional into the gradual season for the rental market. The median month-to-month lease nationally fell by $10, placing it at $1,394, and we’re prone to see that quantity proceed to dip modestly by means of the rest of the yr. …
Realtor.com: 14th Consecutive Month with 12 months-over-year Decline in Rents
In September 2024, the U.S. median lease continued to say no year-over-year for the fourteenth month in a row, down $8 or -0.5% year-over-year for 0-2 bed room properties throughout the highest 50 metros, sooner than the speed of -0.3% seen in August 2024.
