Tag: Rents increase

November's Consumer Price Index revealed a 0.6% month-over-month rise in the price of shelter along with a 7.1% year-over-year increase. This includes rent, which continued to embark on an upward trend. According to the Bureau of Labor Statistics, housing costs are once again the largest...

Rent prices for apartments across the United States fell for a third consecutive month in November, data from the real estate platform RealPage has shown. This indicates that the U.S. housing market's cooldown is still underway. The latest data from RealPage indicated a 0.59% decline...

Things haven't looked good for renters in the United States for some time now. The high inflation caused rent costs to shoot sky high, putting an additional strain on an already tight budget. And while some predicted that things might get better later in...

The U.S. home market is in a state of skyrocketing costs, and the effects are being felt by both homebuyers and renters. The latter category is especially having it tough as rent reached record numbers in May. According to the Monthly Rental Report by Realtor.com,...