US rents hit another record high in August, up 10% over the last year alone

Charlie Bilello - Twitter, Released on 8/30/22

The rate of change in rents is slowing. The 10% YoY increase is the smallest we've seen since June 2021. Still well above pre-pandemic growth rates, but moving in the right direction. Housing inflation has been understated in CPI, however, and will likely continue to rise there.

- Charlie Bilello (@charliebilello) August 30, 2022

US rents hit another record high in August, up 10% over the last year alone added by Herman James on 08/30/2022View all posts by Herman James ?+'