Average national asking rents fell 5.3% in March to $2,008, representing the largest decline in five years. The drop suggests cooling rental market momentum and could weigh modestly on rent-related inflation readings and housing-sector revenues.
Average national asking rents fell 5.3% in March to $2,008, representing the largest decline in five years. The drop suggests cooling rental market momentum and could weigh modestly on rent-related inflation readings and housing-sector revenues.
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mildly negative
Sentiment Score
-0.25
