by Calculated Threat on 1/07/2025 01:48:00 PM
At present, within the Actual Property E-newsletter: Asking Rents Largely 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 saved asking rents below strain. …
Welcome to the January 2025 Condo Checklist Nationwide Hire Report. The nationwide median month-to-month hire closed out 2024 at $1,373 in December, after declining by 0.6 p.c, or $8, from the prior month. Yr-over-year hire progress nationally additionally presently stands at -0.6 p.c, which means that the standard condominium is presently renting for barely lower than it was one yr in the past. …
Realtor.com: sixteenth Consecutive Month with Yr-over-year Decline in Rents
In November 2024, the U.S. median hire continued to say no year-over-year for the sixteenth month in a row, down $19 or -1.1% year-over-year for 0-2 bed room properties throughout the highest 50 metros, quicker than the speed of -0.8% seen in October 2024.
That is rather more within the article.
