After Years of Record-Breaking Gains, the Rental Market May Finally Be Cooling, Experts Say

The median rent across the 50 largest U.S. metros rose 14.1% year-over-year to $1,876 in June, breaking Realtor.com’s record for the highest rent ever recorded for the 16th straight month. Despite another tough blow for renters, June saw the lowest year-over-year price gain since the start of 2022, possibly indicating the start of a slowdown…
Read More