The latest Yardi Matrix is reporting that the average U.S. monthly rent dropped $2 in November to $1,214 – marking the 3rd consecutive month of decline. According to the report “rent growth normally slows or reverses in the latter part of the year, as fewer people move during the holidays,” offering reassurance that “the multifamily market is in good shape going forward.” Indeed….
Trending
- House Sharing Households Sees Record High
- FHA Rolls Back Biden-ERA Foreclosure Rule
- U.S. Department of Education Resumes Collecting Defaulted Student Loans
- FBI Releases 2024 Internet Crime Report
- April Unemployment Rate the Same as March
- U.S. Construction Spending Up 2.8% Year over Year
- Best Selling Vehicles in Every State
- FHFA Says Home Prices Up 3.9% Year-Over-Year
