It’s Finally A Renter’s Market Again — Rental Rates Are At Their Lowest Since The Start Of The Pandemic

It’s Finally A Renter’s Market Again — Rental Rates Are At Their Lowest Since The Start Of The Pandemic

Essence Magazine:

By Jasmine Browley· Updated December 6, 2022

Renters are finally catching a break.

According to a Bloomberg report, rents fell by 2.2% in September, October and November with prices projected to continue tumbling over time.

Vacancies are also increasing, pointedly from 4.1% to5.7% since 2021 the past year. This

This post first appeared in Essence Magazine. Read the original article.