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Housing Market: US: Difference between revisions
→Rent Developments
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[[File:Screenshot 2024-04-09 110515.png|alt=|center|thumb|643x643px|https://www.apartmentlist.com/research/national-rent-data]] | [[File:Screenshot 2024-04-09 110515.png|alt=|center|thumb|643x643px|https://www.apartmentlist.com/research/national-rent-data]] | ||
<ref name=":0" />[[File:Screenshot 2024-02-12 102605.png|alt=|center|thumb|643x643px|https://www.apartmentlist.com/research/national-rent-data]] | <ref name=":0" />[[File:Screenshot 2024-02-12 102605.png|alt=|center|thumb|643x643px|https://www.apartmentlist.com/research/national-rent-data]] | ||
==== June 2024 ==== | |||
The national median rent increased by 0.4% in June and now stands at $1,411, but the pace of growth slowed slightly this month. This is typically the time of year when rent growth is accelerating amid the busy moving season, so sluggish growth this month indicates that the market is headed for another slow summer.<ref name=":0" /> | |||
* Rents are up 0.4% month-over-month, down 0.7% year-over-year | |||
* As of June, our vacancy index sits at 6.7 percent, the highest reading since August 2020. | |||
* As nationwide rent growth was positive in June, so too was local rent growth in the majority of large cities across the county. 80 of the nation’s largest 100 cities saw prices rise month-over-month. | |||
==== May 2024 ==== | ==== May 2024 ==== | ||
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=== Zillow === | === Zillow === | ||
[[File:Screenshot 2024-05-14 110051.png|center|thumb|840x840px|https://www.zillow.com/research/april-2024-rent-report-34018/]] | [[File:Screenshot 2024-05-14 110051.png|center|thumb|840x840px|https://www.zillow.com/research/april-2024-rent-report-34018/]] | ||
==== June 2024 ==== | |||
==== May 2024 ==== | ==== May 2024 ==== | ||