Asking rents were up over 30% in Cincinnati, Seattle, and Nashville and nearly 50% in Austin The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over year to a record high of $2,002, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s … Continue reading Redfin reports typical U.S. asking rent surpassed $2,000 for the first time in May
Tag: Rental prices
Redfin Reports Pending Sales Slide as New Listings Reach Pre-Pandemic Levels
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition. The U.S. housing market lost more steam as summer began, with pending sales continuing their slide and the number of homes for sale slowly growing, according to a new report from Redfin … Continue reading Redfin Reports Pending Sales Slide as New Listings Reach Pre-Pandemic Levels