Rent prices rise as high mortgage rates trap would-be homebuyers
Find out which areas of the US are seeing the biggest increases…
Source: mpamag.com
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Find out which areas of the US are seeing the biggest increases…
Analysts pinpoint the drivers
Demand is bolstered by strong consumer balance sheets
Dwellsy’s February data drop reveals that there were no unexpected changes in rent prices last month—which comes as a relief after January’s single-family home price surge.
For both apartments and single family homes, median asking rent dropped about 1 percent from January to February 2023.