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Realtor.com Reports 8 Consecutive Months of ‘Softening’ Rent Prices

USA Real Estate News-RISMedia - Thu, 2024-02-01 10:26

In December 2023, the U.S. median rent price decreased across all 0-2 bedroom properties, and rent was slightly lower than its 2022 peak—according to a year-end report from Realtor.com. As indicated in the report, median rent saw a year-over-year decline for the eighth consecutive month in December—down -0.4%—in the leading 50 metropolitan areas, at a…

The post Realtor.com Reports 8 Consecutive Months of ‘Softening’ Rent Prices appeared first on RISMedia.

Realtor.com Reports 8 Consecutive Months of “Softening” Rent Prices

USA Real Estate News-RISMedia - Thu, 2024-02-01 10:26

In December 2023, the U.S. median rent price decreased across all 0-2 bedroom properties, and rent was slightly lower than its 2022 peak—according to a year-end report from Realtor.com. As indicated in the report, median rent saw a year-over-year decline for the eighth consecutive month in December—down -0.4%—in the leading 50 metropolitan areas, at a…

The post Realtor.com Reports 8 Consecutive Months of “Softening” Rent Prices appeared first on RISMedia.

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