3 ms·
just came across this: https://www.realtor.com/research/december-2023-rent/ https://www.realtor.com/research/december-2023-rent/ > In December 2023, the U.S. m
by h2odragon 3y ago
just came across this: https://www.realtor.com/research/december-2023-rent/ https://www.realtor.com/research/december-2023-rent/
> In December 2023, the U.S. median rent continued to see a year-over-year decline for the eighth month in a row, down -0.4% for 0-2 bedroom properties across the top 50 metros, a pace slightly slower than the -0.6% seen in November. The median asking rent was $1,713, down by $4 from last month and $63 (-3.5%) less than the peak seen in July 2022. However, it was still $309 (22.0%) higher than the same time in 2019 (pre-pandemic).
- antisthenes 3y agoIf these numbers are not inflation adjusted, then $309 (the increase) is just about 22% higher than the pre-pandemic number, which almost exactly tracks inflation since then. Seems like a non-news article to me then.