Rent Growth Is Slowing Where Fresh Supply Meets Stable Demand
The Pro Builder
AUGUST 9, 2023
Rent Growth Is Slowing Where Fresh Supply Meets Stable Demand ldeakins Wed, 08/09/2023 - 11:05 For the past several years, a supply and demand imbalance in the rental market has pushed prices to new highs, but a number of markets are now returning to pre-pandemic norms An uptick in new-construction typically correlates with slower price growth, but when that new housing is a response to rising demand, even fresh supply sometimes can’t stop rents and home prices from surging.
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