Redfin reports that the median U.S. asking rent in September was little changed from a year earlier for the sixth straight month, with a rise in the number of rentals making it harder for landlords to boost prices.
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Rents Post First Annual Decline in Three Years
A new analysis of rent data from Redfin has found that the median asking rent fell 0.4% in March to the lowest level in 13 months, marking the first annual decline since the coronavirus was declared a pandemic.
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