【Bloomberg】Slowdown in U.S. Housing Market Is Helping Landlords Raise Rents

The U.S. housing slowdown is turning out to be a gift to apartment landlords. After all, those people who aren’t buying still need somewhere to live.

Data from Zillow released Thursday shows that home-price appreciation continued to slow in April from a year earlier, driven in part by softening West Coast metroslike San Jose and Seattle. The company also reported the first nationwide monthly price dip in more than seven years -- albeit just 0.1%. At the same time, rent growth accelerated, climbing by 2.6% on an annual basis, after a lull in 2018.

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