* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, October 26, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Meet Belynda From ‘Married at First Sight’ Season 19: Age, Job, Instagram and More – Yahoo

    Meet Belynda from ‘Married at First Sight’ Season 19: Age, Career, Instagram & More Revealed!

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Comments to EU Regarding the Draft Revised Technology Transfer Block Exemption Regulation and Technology Transfer Guidelines – Information Technology and Innovation Foundation

    Have Your Say: Share Your Thoughts on the Draft Revised Technology Transfer Block Exemption Regulation and Guidelines

    Ghost Tapping is exploiting tap-to-pay technology in order to steal your money; what your need to know – ABC7 New York

    Ghost Tapping: How Thieves Are Using Tap-to-Pay Technology to Steal Your Money and What You Need to Know

    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Meet Belynda From ‘Married at First Sight’ Season 19: Age, Job, Instagram and More – Yahoo

    Meet Belynda from ‘Married at First Sight’ Season 19: Age, Career, Instagram & More Revealed!

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Comments to EU Regarding the Draft Revised Technology Transfer Block Exemption Regulation and Technology Transfer Guidelines – Information Technology and Innovation Foundation

    Have Your Say: Share Your Thoughts on the Draft Revised Technology Transfer Block Exemption Regulation and Guidelines

    Ghost Tapping is exploiting tap-to-pay technology in order to steal your money; what your need to know – ABC7 New York

    Ghost Tapping: How Thieves Are Using Tap-to-Pay Technology to Steal Your Money and What You Need to Know

    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Rents across the U.S. may be easing and finally giving renters a break

December 14, 2023
in General
Rents across the U.S. may be easing and finally giving renters a break
Share on FacebookShare on Twitter

There are signs that rents across America are starting to decrease after they spiked during the Covid-19 pandemic.

The real estate brokerage Redfin said rents are falling at the fastest clip since the beginning of the pandemic in response to a recent boom in construction.

Redfin said the median asking rent fell 2.1% in November compared to a year earlier. It was the steepest decline since February 2020.

“The number of completed apartments in the U.S. rose 7% year over year in the third quarter to a seasonally adjusted annual rate of 1.2 million, one of the highest levels of the last three decades,” the firm wrote. Redfin also said that construction starts are at one of the highest levels of recent decades, although they are slowing down.

Experts have noted in the last year that there’s been a boom in rental construction, especially in multifamily apartment buildings.

Jay Parsons, chief economist for the property management company RealPage, said landlords and builders wanted to get in after they saw demand and rental prices spiking during the early stages of the pandemic.

“That cycle led to apartment construction jumping to the highest in 50 years,” he told NBC News.

Now supply of homes for rent is outstripping demand, and that’s pushing prices lower. Parsons said that measurements of current rents show that in most U.S. cities, rents are flat or down over the last year.

Official U.S. government data is mixed, however. According to one of the most widely used economic indicators, the Consumer Price Index from the Bureau of Labor Statistics, rents have continued to increase in spite of the rise in construction.

Parsons said that’s because of the way the Bureau of Labor Statistics calculates rent. It surveys people about their current rents, revisiting different regions at six-month intervals.

That means the index doesn’t reflect newly offered rentals.

If a shift is coming, it’s in its early stages. Redfin said that on a national level, rents are 22% higher than they were in November 2019, and they’re just 4.2% off their August 2022 record high of $2,054 a month.

It hasn’t helped that home prices and mortgage rates have also risen a great deal, forcing more people to rent when they can’t afford to buy.

But Parsons says the continued construction will keep pushing prices downward, or keep increases small.

“For the next year, maybe 15 months or so, we’ll probably continue to have more supply than demand, which creates a favorable dynamic for renters,” he said. “I would expect that we’ll see in 2025 rents look more like they did pre-pandemic.”

Marley Jay

Marley Jay is a business news reporter for NBC News Digital.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : NBC News – https://www.nbcnews.com/business/real-estate/rent-prices-falling-giving-renters-sigh-of-relief-rcna129528

Previous Post

Guyana president calls Venezuela’s Maduro an ‘outlaw’ in border dispute

Next Post

Florida teacher who was fired for using gender-neutral honorific ‘Mx.’ sues the state

World Series 2025: Dodgers’ worst-case scenario plays out as Blake Snell, bullpen crumble in Game 1 vs. Blue Jays: ‘Not a good feeling’ – Yahoo Sports

World Series 2025: Dodgers’ Nightmare Unfolds as Blake Snell and Bullpen Collapse in Game 1 vs. Blue Jays

October 26, 2025
“Bending, not breaking”: The global economy’s new normal – J.P. Morgan

Bending, Not Breaking: Embracing the New Normal of the Global Economy

October 26, 2025
Meet Belynda From ‘Married at First Sight’ Season 19: Age, Job, Instagram and More – Yahoo

Meet Belynda from ‘Married at First Sight’ Season 19: Age, Career, Instagram & More Revealed!

October 26, 2025
80,000 Coloradans projected to drop health insurance amid premium spike – KUSA.com

80,000 Coloradans Expected to Lose Health Insurance as Premiums Soar

October 26, 2025
Trump departs for Asia where he will meet with China’s Xi. Here’s what else to expect – PBS

Trump departs for Asia where he will meet with China’s Xi. Here’s what else to expect – PBS

October 26, 2025
New Research Shows Changing Winters Will Hit Northern Lakes the Hardest – Hometown Focus

New Research Reveals How Changing Winters Threaten Northern Lakes the Most

October 25, 2025
Scientists reversed brain aging and memory loss in mice – Science Daily

Breakthrough Discovery: Scientists Reverse Brain Aging and Restore Memory in Mice

October 25, 2025
It’s alive! Spooky science activities to take place Oct. 25-26 at Discovery Playhouse – KFVS12

It’s Alive! Exciting Spooky Science Activities Coming to Discovery Playhouse Oct. 25-26

October 25, 2025
Buying property in Israel: how to choose between lifestyle and investment goals – Ynetnews

Buying Property in Israel: Balancing Your Lifestyle Dreams with Smart Investment Choices

October 25, 2025
Comments to EU Regarding the Draft Revised Technology Transfer Block Exemption Regulation and Technology Transfer Guidelines – Information Technology and Innovation Foundation

Have Your Say: Share Your Thoughts on the Draft Revised Technology Transfer Block Exemption Regulation and Guidelines

October 25, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (886)
  • Economy (908)
  • Entertainment (21,779)
  • General (17,806)
  • Health (9,949)
  • Lifestyle (920)
  • News (22,149)
  • People (908)
  • Politics (918)
  • Science (16,118)
  • Sports (21,407)
  • Technology (15,887)
  • World (891)

Recent News

World Series 2025: Dodgers’ worst-case scenario plays out as Blake Snell, bullpen crumble in Game 1 vs. Blue Jays: ‘Not a good feeling’ – Yahoo Sports

World Series 2025: Dodgers’ Nightmare Unfolds as Blake Snell and Bullpen Collapse in Game 1 vs. Blue Jays

October 26, 2025
“Bending, not breaking”: The global economy’s new normal – J.P. Morgan

Bending, Not Breaking: Embracing the New Normal of the Global Economy

October 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version