Yahoo Finance published this video item, entitled “Renters are seeing price relief as rents fall” – below is their description.
Renters may be able to finally breathe a sigh of relief. Rent prices are coming down, according to Realtor.com. Realtor.com Chief Economist Danielle Hale says U.S. renters have likely seen the peak in prices for 2023, adding that “we are likely to see that 2022 was the peak for rents and we are starting to see some decline.” Hale says areas like Miami and other major cities are still pricier to rent in, but areas in the South and Midwest are still affordable, with Oklahoma City topping the affordability list. However, Hale notes that some of the places that are the most affordable are seeing prices going up faster.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Yahoo Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
