【World Property Journal】Residential Rents in U.S. Continue Annual Decline in June

In June 2023, the median asking rent for two bedroom units dropped 1.0%, marking the second decline in a row. The median rent for two bedrooms was $1,945 nationally, $20 lower than the same time last year (-1.0%) and still $24 lower than the July 2022 peak. Nevertheless, the larger unit rents had the highest growth rate over the past four years, up by $414 (27.0%).

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