Landlords pull plug on renter incentives ahead of spring
A new Zillow analysis on Wednesday revealed a slowdown in rental concessions ahead of a busy spring and summer leasing season. Only 32.2% of rentals advertised incentives in February
by Marian McPherson Mar 20
Inventory boost expected to slow rent growth to 1.5%
A coming boost in apartment inventory is expected to dramatically slow rent growth in 2024; however, it's expected to still be a tough year for renters as affordability worsens
by Marian McPherson Jan 2
Rent remains near record highs, but the balance of power is shifting
At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon
by Taylor Anderson Sep 12
Single-family rent growth slows for the 14th straight month
A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19
by Taylor Anderson Aug 25
Amid building boom, rent growth finally reaches zero nationwide
A report from Apartment List shows that typical rents are now the same nationwide as they were a year ago. The slowdown follows a period of unprecedented rent growth and a runup in supply
by Taylor Anderson Jun 29
82% of Americans favor upzoning as fix for skyrocketing housing costs
Zillow's survey revealed overwhelming support for accessory dwelling units, duplexes, triplexes and other dense-housing complexes as housing costs have doubled from pre-pandemic levels
by Marian McPherson Jun 1
A squad of economists is waging a stealth war on America's '30% rule'
The Brooke Amendment — a law otherwise known as 'the 30% rule' that has shaped US housing policy since the 1960s — is in the crosshairs as spending on real estate soars to record heights
by Marian McPherson May 31
Economic anxiety accelerated Q1 multifamily rent growth slump
Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5% annually, according to a new CoStar analysis
by Marian McPherson Apr 11
Apartment sales plunge 74%, fastest drop since Great Recession
Interest rates to blame as investors who scooped up multifamily buildings throughout the early years of COVID-19 pull back, according to a new report
by Taylor Anderson Apr 5
A theory is emerging online about a mass exodus from New York City
Warehousing? Inflated algorithms? Shady developers? They're all part of a new report on what's driving up rental prices in New York City. However, social media users aren't buying the theory
by Marian McPherson Feb 8
Rent growth slows to smallest rate since July 2021
While the 4.8% growth was still above historical norms, it’s the smallest increase since June 2021. Median asking rent in the nation’s 50 largest markets climbed to $1,979 last month
by Taylor Anderson Jan 12
Slowdown in apartment rent expected to continue, CoStar says
Rent dropped for a fourth straight month in November, with all but 6 of the nation's top 40 markets reporting flat or declining month-over-month rent
by Taylor Anderson Dec 5
US residential rent growth cools to slowest pace in more than a year
Median monthly rent in the largest metropolitan areas of the United States dropped for a second-straight month in September to $1,759, according data released Thursday by Realtor.com
by Ben Verde Oct 13
Mixed signals in rental market as half of cities post declines
One economist notes rental demand looks weak through the rest of the year as price growth tapers toward a historically normal pattern
by Taylor Anderson Sep 27
rental image
Redfin said it expects rental growth to continue to slow, but markets with strong job growth and limited new housing construction will likely continue to experience large rent increases
by Ben Verde Aug 19