Rent Prices: The Good The Bad and The Ugly
Single family and multifamily rent prices saw hot trends at the start of the pandemic but have since cooled off due to new supply entering the market.
Spring Rent Growth: Slowing Down?
Despite a small rise in apartment rents the growth is lower than usual signaling a potential slow summer ahead in the rental market.
Single Family Strong Multifamily Struggles
While single family rents are on the rise multifamily rents are facing challenges with climbing vacancies and new supply in the market.
Regional Variations in Rent Trends
Cities like Seattle and New York are seeing increases in single family rents while places like Austin and Miami are experiencing declines adding an element of unpredictability to the market.
Townhomes Takin' a Hit
For the first time in 14 years single family attached properties like townhomes are seeing a decline in rent prices especially in markets like Florida Austin and New Orleans.
Comments
- No comments yet. Become a member to post your comments.