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In September, an uptick in multifamily home construction drove price declines, while quick absorption signals still-high demand from renters, especially for more affordable units
SANTA CLARA, Calif., Oct. 23, 2023 /PRNewswire/ -- The Realtor.com®September Rental Report revealed the housing market balance continues to tip in favor of renters amid an uptick in construction rates of multi-family homes, which helped push down rents for 0-2 bedroom properties (-0.7%) for the fifth consecutive mon...
>>> Read more: Realtor.com® September Rental Report: Rent Prices Dip for Fifth Straight Month
SANTA CLARA, Calif., Oct. 23, 2023 /PRNewswire/ -- The Realtor.com®September Rental Report revealed the housing market balance continues to tip in favor of renters amid an uptick in construction rates of multi-family homes, which helped push down rents for 0-2 bedroom properties (-0.7%) for the fifth consecutive mon...
>>> Read more: Realtor.com® September Rental Report: Rent Prices Dip for Fifth Straight Month