Median rent prices hit all-time-high in July ...Middle East

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Median rent prices hit all-time-high in July
Story at a glance The combined effects of the COVID-19 pandemic and inflation have contributed to large gains in U.S. rent prices. A new report from Realtor.com found that although still cheaper than urban areas, suburban rents are higher now than they were prior to COVID-19. However, landlords adjusting prices for inflation may signal a future market cool down. The COVID-19 pandemic saw a resurgence in the popularity of suburban living. But a new report from Realtor.com shows the decision to exit city living for a less crowded life is not as cheap as it once was.  According to the company’s July Rental Report, renting in suburbs is less affordable compared

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