Rent prices in May were down a little more than a half of a percent (-0.57%) compared to this time last year, according to Rent.com
It’s the first time in more than three years that rent prices are trending downwards. Rent prices in May were down a little more than a half of a percent compared to this time last year, according to Rent.com. It may not sound like much, but it’s a good sign after nearly two years of rent growth.– It’s the first time in more than three years that rent prices are trending downwards.
“As someone who’s on the residential sale side and a landlord, this was bound to happen,” Ricks said.shows the national average monthly rent price was just below $2,000 at $1,995. Jacksonville rent prices are well below the average, dropping almost 2% this year to about $1600 a month. Another viewer told us they pay $1400 for a one-bedroom apartment at the St. Johns Town Center writing, “Our rent raised by $300 per month when we renewed in Feb. 2022.”“I personally think they’re going to continue to go down until something happens with the market as a whole because right now sales prices are down also. That’s again consistent with the market,” Ricks said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
New York City Rent Guidelines Board holds final vote on rent hikes for rent-stabilized unitsBreaking: NYC Rent Guidelines Board votes to increase rents on 1- and 2-year leases in rent-stabilized units. Details:
Leer más »
Man, 57, shot while driving in BronzevilleA man was shot while driving Tuesday afternoon in the Bronzeville neighborhood.
Leer más »
NYC board to vote on rent increase for 1 million rent-stabilized unitsNew York City's Rent Guidelines Board will decide on how much rents will increase for tenants in roughly 1 million rent-stabilized apartments next year. “I see the price going to the grocery,” said an East Flatbush resident.
Leer más »
NYC approves rent increase for millions living in rent-stabilized apartmentsMillions of renting New Yorkers will have to pay more each month after a controversial increase was voted through by a New York City board on Wednesday night. In a 5-4 vote, the Rent Guidelines Board pushed through a 3% raise for one-year leases for people living in rent-stabilized units. The board also upped two-year leases by 2.75% for the…
Leer más »
NYC rent increase approved for rent-stabilized apartments: What to knowMillions of New Yorkers living in rent stabilized apartments will now have to dish out more money each month.
Leer más »