Redfin: Asking Rents Up 2% in February

Redfin, Seattle, reported asking rents rose 2.2% year-over-year to $1,981 in February. They also grew by 0.9% from January.

Apartment Rents Up 13% Year Over Year

Apartment rents increased nearly 13 percent nationwide over the past year–the highest rate in at least two years–but growth slowed slightly in October, reports from Redfin and RealPage said.