U.S. Rent Growth Slows with Affordability Crunch Squeezing Tenants
Rents in the U.S. increased at the slowest pace in more than a year as tenant budgets were stretched to new limits, according to Realtor.com
Source: wealthmanagement.com
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US rents rose 7.8% in September - and are still up 25% since before the pandemic
Wages have failed to keep pace, meaning that renters are 'feeling the squeeze' - despite the fact the new figure shows that prices are actually starting to slow month-on-month.
Source: dailymail.co.uk
Adiós America! Far Homes' Seed Funding Helps Buy Abroad
Far Homes, an online real estate search portal and concierge service for buying abroad, has closed on $2.25 million in seed funding.
Source: inman.com
AZ Big Media Why renting in the suburbs isn't as cheap as it used to be
Driven by migration from city centers during the pandemic, the rental price advantage of renting in the suburbs has shrunk by 52.9%.
Source: azbigmedia.com
US rents hit a record high for the 17th month in a row
Rents hit a record high in July for the 17th month in a row, putting ever more pressure on renters.
Source: wsiltv.com