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Redfin Report: Renters Catch a Break as Costs Drop for Third Straight Month in December -January 08, 2024 at 08:09 am EST

Rising supply has led to rising vacancies, motivating landlords to lower asking rents, which fell 1% from a year earlier.

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Asking Rents Drop for Third Consecutive Month

Asking Rents Drop for Third Consecutive Month
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Uptick in Housing Supply Forces Rents Downward

Uptick in Housing Supply Forces Rents Downward
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Median Monthly Mortgage Payment Declines as New Listings Rise

Median Monthly Mortgage Payment Declines as New Listings Rise
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New Home Listings Experience Largest YoY Increase in Over Two Years

New Home Listings Experience Largest YoY Increase in Over Two Years
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