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
- Revolutionizing Luxury Real Estate and Short-Term Rentals
- FHFA Says Home Prices Up 3% Year-Over-Year
- Home Flipping Profits Down in Q1
- New Home Sales Down 13.7% in May
- Pending Home Sales Up 1.8% in May
- Existing Home Sales Up 0.8% in May
- Cities with the Highest Property Crime
- Is New York City’s Housing Crisis so Bad that a Socialist Might Become Mayor?
