rent prices

Asking rents dropped more than 1.5% in February, and apartment supply is growing in some major metros. But shelter costs, which make up about a third of the CPI, are still showing a 3% annual increase.

Lawsuits allege that RealPage, a company many large landlords use to price their apartments, uses confidential data in an anti-competitive way.

As Californians deal with rising rents and a housing shortage, one group of mobile home park residents in Fresno County secured affordable housing for themselves by purchasing the land from the park’s corporate landlord.

High mortgage costs, low supply of houses for purchase and high rents made for a pretty bleak year. But there’s a glimmer of light on the horizon.

Inflation dipped slightly, but housing remains the biggest driver of rising prices.

As of 2020, people living alone made up 27% of new households. That trend has been accelerating.

The national median rent has risen over 20% since 2020, according to Apartment List. And the use of pricing algorithms used by some of the nation’s biggest corporate landlords might be playing a role.

There was a huge surge in demand early in the pandemic. That has cooled down dramatically, and in some areas, demand is starting to be met.

Migration shifts due to the pandemic are among the factors that have contributed to price fluctuations in the rental market.

As housing costs rise, some are taking #vanlife one step further by leaving the solid footing of land. Instead of paying rent, they drop anchor.