Even tech workers struggle to afford sky-high NYC rents
New York City tech workers could only afford about 35% of rental apartments available on the market last year, according to a new report
by Ben Verde May 22
Warren Buffett: 'You want a bad number' to get good market news
The Berkshire Hathaway CEO said fewer housing starts can lay the foundation for a more balanced market. His company's recent investments in homebuilders show commitment to that principle
by Lillian Dickerson Feb 29
Seasonal price changes show signs of life as rents drop in September
After coming within $2 of a historical high record during August, the national median rent price dropped 2.02% last month
by Ben Verde Oct 17
US rent hits just shy of all-time record high: Report
Despite having cooled for more than a year, the median asking rent in the US remained just $24 below its all-time high as of June 2023, Redfin reported
by Lillian Dickerson Jul 12
Annual inflation drops to 7.1% even as housing woes persist
Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow
by Daniel Houston Dec 13
US lawmakers demand DOJ probe into RealPage's YieldStar software
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company
by Jim Dalrymple II Nov 22
RealPage software may have pushed US rents sky high, new report says
The report, out Friday from news non-profit ProPublica, focuses on YieldStar, a piece of software the property management company says on its website is geared toward 'optimizing rent pricing'
by Jim Dalrymple II Oct 18
Housing is cooling. In some places, rents have yet to get the memo
In more than half of America's largest cities, rents continue to post double-digit annual growth. And in some cases, they're speeding up, according to Zumper’s most recent report
by Daniel Houston Aug 29
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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
Home prices may be 'unhinged' from fundamentals, Fed analysts say
For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests
by Daniel Houston Apr 1
US median rent rose 11% in 2021 due to inflation
Rents increased 3 times the rate of a normal year, in which rents might rise 3-4% overall, according to a new report from online rental marketplace Dwellsy
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Dubbed 'Rent Payment,' the new tool is free for landlords and managers and is meant to be easier and more secure than conventional payment methods
by Jim Dalrymple II Dec 3
Even before the pandemic, rents weren’t expected to rise this high
Rent prices were 9% higher in July than at the same time last year, evidence of a rental market recovery in full swing
by Daniel Houston Aug 20
Signs of seasonal inventory growth return in strained housing market
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels
by Daniel Houston Jul 19
After year of lower rent, landlords steer back to pre-pandemic prices
Rents nationwide have recovered fully from their pandemic-induced declines, according to a new report from Apartment List
by Daniel Houston Jun 29