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Year-over-year Rent Growth Continues to Decelerate
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Year-over-year Rent Growth Continues to Decelerate

Asking Rents Likely to be Down year-over-year in June or July

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jun 02, 2023
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Year-over-year Rent Growth Continues to Decelerate
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Tracking rents is important for understanding the dynamics of the housing market. For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (See from September 2021: Household Formation Drives Housing Demand). This has been confirmed (mostly due to work-from-home), and also led to the supposition tha…

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