How high will US rents go in 2023? The next 90 days should tell
Written by Black Hot Fire Network on April 19, 2023
Just like US inflation overall, prices on housing rentals continue to rise, but at a much slower pace than a year ago. What does that mean for rents in the months ahead? Economists are about to get their closest look yet.
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“The second quarter is the quarter that we see the most demand for multifamily (rentals),” said Jay Lybik, national director of multifamily analytics at CoStar Group, a real estate analytics firm. “It’s going to really set the tone for . . .