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June Asking Rents Posted Smallest Increase Since October as Landlords Respond to Falling Demand

Pro Builder

Milwaukee, Minneapolis, and Kansas City saw rents fall by 12%, 7%, and 1%, respectively, and the same three metro areas reported rent drops in April and May as well. With the cost of gas, food and other products soaring, renters have less money to spend on housing,” said Redfin chief economist Daryl Fairweather. . “To