Aside from the onset of the COVID-19 pandemic, the month-over-month decline was the biggest drop in rent prices since 2010. Rent remains up 7.6 percent year over year, but the market is softening.
Source: Inman News
Rent dropped last month at one of the biggest rates in over a decade
More from InvestingMore posts in Investing »
More from Property PortfolioMore posts in Property Portfolio »
More from realpageMore posts in realpage »
- RealPage acquires Rexera to serve condo lenders and title agents
- NAR Midyear heads to Washington DC at critical moment for housing
- RealPage may catch break under Trump’s ‘One, Big, Beautiful Bill’
- RealPage targeted in new lawsuit over rent-setting by New Jersey AG
- RealPage sues Berkeley, California, over rental algorithm ban
More from rent price growthMore posts in rent price growth »
More from rental marketMore posts in rental market »
- Attorneys general pile onto Zillow-Redfin following FTC rental suit
- Demystify rentals as a lead source with RentEdge: Tech Review
- Zillow Group exceeded revenue expectations during Q2 2025
- 1st-time buyers say ‘yes’ to older starter homes due to higher costs
- The leadership playbook: Stay ahead in a fast-moving market
More from RentalsMore posts in Rentals »
More from SelectMore posts in Select »
Be First to Comment