June Asking Rents Posted Smallest Increase Since October as Landlords Respond to Falling Demand
Pro Builder
JULY 13, 2022
A fast-faced rental market seems to be slowing as renters burdened by high inflation lower their budgets. After seeing record growth throughout the pandemic, the rental market appears to be losing steam as tenant budgets tighten amid fast-rising inflation, Redfin reports. Wed, 07/13/2022 - 10:51. Asking rents rose by just 0.7%
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