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【World Property Journal】Residential Rents Nationwide Rise 14 Percent Annually in June

【World Property Journal】Residential Rents Nationwide Rise 14 Percent Annually in June

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Smallest Rental Rate Increase Since October 2021

National property broker Redfin is reporting this week that residential rent increases tapered off in June 2022, with the national median asking rent rising 14% from a year earlier--the smallest annual increase since last October. Asking rents were up 0.7% from May, the smallest month-over-month gain since the start of the year.

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