As of March, the median asking rent dipped slightly year over year to $1,610. That’s just a 0.6 percent decline from the previous year and a slight 0.4 percent increase from February. While those very subtle changes have offered some relief to renters, Redfin economists say that the landscape is shifting, and fast.
Source: Inman News
Tariffs, stalled construction threaten to end rent stability
Published in apartment asking rent, apartment construction, asking rent, austin, Chen Zhao, cincinnati, cleveland, construction, Department of Government Efficiency (DOGE), economic uncertainty, homeownership, inman, lumber tariffs, Markets & Economy, Matt Ferris, Median Asking Rent, minneapolis, News Brief, northern virginia, portland, Providence, Redfin, rental market, Rentals, Renter Behavior, rhode island, san diego, Select, Supply Crunch, Tariff Impact on Housing, Tariffs, trump and Trump tariffs
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