Apartment rent growth remained positive in July despite slowing summer leasing-season momentum, a new report from Apartments.com found.
Tag: Apartment rents
Redfin Reports Asking Rents Ended 2024 at Lowest Level in Nearly Three Years
The median U.S. apartment asking rent fell 0.3% year over year in December to $1,594—the lowest level since March 2022—according to Redfin, Seattle.
Apartment Supply at 36-Year High in 2023, RealPage Finds
RealPage Analytics, Richardson, Texas, reported apartment supply jumped to the highest level since 1987 last year, largely due to the influx of construction projects begun a few years ago.
Redfin: November Asking Rents Post Biggest Drop in More Than Three Years
Redfin, Seattle, reported asking rents declined 2.1% year-over-year in November–the biggest annual drop since immediately pre-pandemic in February 2020.
Apartment Occupancy Solid in May, Continues Steady 2023
Apartment occupancy is holding steady year-to-date so far in 2023, with May’s apartment occupancy rate at 94.7%–and flat from April, RealPage, Richardson, Texas, reported.
Apartment Rents Post First Annual Decline in Three Years
The median U.S. apartment asking rent fell slightly in March and the rental component of the Consumer Price Index has leveled off, two new reports said.
Zillow: Rents Climb Modestly in March, Continuing Their Soft Landing
Apartment asking rents climbed 0.5%, or $9, from February to March, reported Zillow, Seattle.
Apartment Rents Fall for 3rd Straight Month; Leasing Traffic Remains Soft
RealPage, Richardson, Texas, reported apartment rents declined in November for the third consecutive month.
Apartment Asking Rents Rise at Slowest Annual Rate Since October
Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier–the smallest annual increase since October–reported Redfin, Seattle.
Apartment Asking Rents Rise at Slowest Annual Rate Since October
Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier–the smallest annual increase since October–reported Redfin, Seattle.