Tag: rental prices

Apartment Rent Growth Is Declining Fast

June 15, 2023
apartmentsBusiness & Marketseconomic policieseconomyinflationInvestmentMarketsreal estaterental pricesUSUS NewsUS Real Estate
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Apartment rent growth in the United States is declining fast, after years of soaring prices. The decline in rents are giving many millions tenants relief for the first time since the early months of the pandemic, partially due to the increasing amount of apartments on the market. Rental prices may start to ease more this…

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Lessons From Ireland’s Rental Crisis

September 21, 2022
AustraliaBrightGlobal Real Estategovernment interventionhouse rentalsInternationalinvestingIrelandpersonal financereal estaterental pricesRepublic of IrelandWorld
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On Aug. 1, only 716 homes were available for rent in the whole of Ireland, a country of five million people. The result? In one instance, hundreds of hopeful renters were photographed—by podcaster Conor Finn—waiting outside a property in Dublin. “Been here almost 30 mins, barely any movement, and 50+ more have joined the queue,”…

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Rental Prices Across Canada Continued to Soar in August, With Average Rent Nearing $2,000: Report

September 19, 2022
Canadahousingrental pricesWorld
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Rental prices across Canada continued to undergo massive upward pressure in August, with year-over-year rent inflation at more than 24 percent in numerous cities, new data shows. According to Rentals.ca’s September Rent Report, the average rent for all property types across Canada in August was $1,959 per month, an annual increase of 11.1 percent. Nationally,…

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A Look at Surging U.S. Rents

August 11, 2022
Alternative InvestmentsBrighthousing shortageinvestingpersonal financereal estaterental pricesrental properties
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Part I of a series Moving to a new city and searching for a place to live can be challenging. Home prices are high, and interest rates are climbing. As a result, many people are turning to rental properties to wait it out. Rental properties are a casualty of high interest rates and skyrocketing home…

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Rents Are at a Record High, but Cheaper Than Buying a Starter Home

July 24, 2022
economymortgage ratesreal estaterental pricesUSUS Real Estate
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Higher mortgage rates are pushing many homebuyers into the rental market, despite rising rents, transforming the real estate field across the United States. The U.S. median rental price still lags behind average starter homeownership costs, more so than at the start of 2022. Despite higher rents, it is now more affordable to rent than to…

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