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.
Category: Chen Zhao
Listings tick up and prices tick down during an ice-cold fall market
The added punch of mortgage rates nearing 8 percent is making this year’s fall season particularly slow.