'Demand From Young Renters Remains High' As US Median Housing Rent Rises To $1,653, Highest Since 2022

Name: 'Demand From Young Renters Remains High' As US Median Housing Rent Rises To $1,653, Highest Since 2022
Uploaded: 2024-06-12T16:01:38+00:00
Duration: 56 s
Channel: Benzinga
Description: Median U.S. asking rent rose 0.8% in May to $1,653, highest since October 2022. "Demand from young renters remains high" amid unaffordable homebuying, says Redfin economist.

Benzinga

2 years ago

Median U.S. asking rent rose 0.8% in May to $1,653, highest since October 2022. "Demand from young renters remains high" amid unaffordable homebuying, says Redfin economist.