【CNBC】Rent growth slows to the lowest level in 18 months
- Rents are still higher than they were a year ago, but the gains are shrinking, as landlords lose pricing power in the face of inflation.
- Rents in October rose 4.7% compared with October 2021, the slowest annual increase in 18 months, according to Realtor.com.
- The majority of landlords still said they would continue to increase rents over the next year — although by a smaller margin than they have recently.