Calculated Risk Newsletter: National Asking Rents Mostly Unchanged Year-over-year
“Single-family rents posted below-trend growth in October, both in annual and monthly rate increases. While national growth was below-trend, some markets, particularly markets that have had tepid rent increases over the past two years, led rent increases for the nation,” said CoreLogic senior principal economist Molly Boesel. “Markets in the South and West, many of which had red-hot rent growth since 2022 brought down average rent growth.”