by Calculated Danger on 12/05/2024 11:03:00 AM
Immediately, within the Actual Property E-newsletter: Asking Rents Principally Unchanged Yr-over-year
Temporary excerpt:
One other month-to-month replace on rents.
Monitoring rents is necessary for understanding the dynamics of the housing market. Slower family formation and elevated provide (extra multi-family completions) has stored asking rents beneath stress. …
Welcome to the December 2024 House Record Nationwide Hire Report. The nationwide median lease dipped by 0.8% in November, as we get additional into the sluggish season for the rental market. Nationwide lease fell $12 to $1,382, and we’re more likely to see that quantity dip yet one more time earlier than the 12 months ends. …
Realtor.com: fifteenth Consecutive Month with Yr-over-year Decline in Rents
In October 2024, the U.S. median lease continued to say no year-over-year for the fifteenth month in a row, down $14 or -0.8% year-over-year for 0-2 bed room properties throughout the highest 50 metros, quicker than the speed of -0.5% seen in September 2024.
