Rent growth slows again, hits lowest level in 18 months ...Middle East

Rent growth slowed across the U.S. again last month as the once red-hot housing market continues to cool. Nationally, rents increased by 4.7 percent in October, marking the slowest pace of rental growth in 18 months, according to a new report from Realtor.com. Yet rents are up by 23.5 percent from 2019, and prices in the top 50 U.S. metros remain above $1,700 per month. This has left Americans feeling the sting of inflation searching for less expensive housing, according to Realtor.com chief economist Danielle Hale. "With soaring inflation and recession fears a huge concern for many consumers, finding affordable housing remains a priority for families. Our data indicates

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Last updated : 18 Nov 2022 clock 12:04 AM

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Rent growth slows again, hits lowest level in 18 months ...Middle East

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