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    Asking Rents Largely Unchanged 12 months-over-year

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    by Calculated Danger on 12/05/2024 11:03:00 AM

    At present, within the Actual Property Publication: Asking Rents Largely Unchanged 12 months-over-year

    Temporary excerpt:

    One other month-to-month replace on rents.

    Monitoring rents is essential for understanding the dynamics of the housing market. Slower family formation and elevated provide (extra multi-family completions) has stored asking rents underneath strain. …

    Welcome to the December 2024 Residence Checklist Nationwide Lease Report. The nationwide median lease dipped by 0.8% in November, as we get additional into the gradual season for the rental market. Nationwide lease fell $12 to $1,382, and we’re prone to see that quantity dip yet another time earlier than the 12 months ends. …

    Realtor.com: fifteenth Consecutive Month with 12 months-over-year Decline in Rents

    In October 2024, the U.S. median lease continued to say no year-over-year for the fifteenth month in a row, down $14 or -0.8% year-over-year for 0-2 bed room properties throughout the highest 50 metros, quicker than the speed of -0.5% seen in September 2024.

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