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Tag Archives: Demand

Slowing Demand Brings Rental Prices Down

“Demand for rentals is slowing because economic uncertainty is prompting many renters to stay put, and persistent inflation is shrinking renter budgets. That’s causing rent growth to cool,” said Taylor Marr, Redfin’s Deputy Chief Economist.

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Rent Growth Expected to Moderate Further Into 2023

While rising supply is causing rent growth to slow, Redfin’s latest market report revealed rent growth experienced its first single-digit increase in a year, marking a significant slowdown from the estimated 20% growth in Q1. Here are the latest findings.

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Too Many Options …

Housing

With inventory growing, buyers have more homes to choose from and that’s exactly what might be holding them back.

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