Tag Archives: Rental demand

U.S. rent prices fell for the seventh consecutive month in November, according to a new Realtor.com report, as rental supply outpaced elevated demand in the West and South. However, Northeastern renters continued to struggle with higher costs.

Outpacing millennials, Gen Zers are now driving renter households, according to a new analysis from the Joint Center for Housing Studies. As Gen Z rental demand heightens and older generations exit the rental market, experts predict the number of renter households Gen Z adds in the next 15 years will be an important pillar of housing demand.

Housing activity is still hot as the market transitions from peak rental season, with the Midwest dominating October’s top 30 list of cities with the most rental activity, landing 12 entries in RentCafe's rankings.

A new report from CoreLogic revealed annual single-family rent growth has returned to pre-pandemic rates, growing by just 3.3% year-over-year in June, representing the lowest gain since autumn 2020.

According to a new report from Redfin, asking rents fell just 2% in the West but rose 5% in the Northeast and Midwest as supply increased and rents began to cool nationwide.