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After rent prices jumped nearly 15% in 2021 throughout the U.S., there are indications rent prices are starting to subside.According to the monthlyRealtor Rental Report,the median rent price in the United States 50 largest metro areas was $1,739 in May, down from a peak of $1,777 in July 2022. Compared to the same time a year ago, the median rent price is now 0.5% lower.The report also projects a 2023 decline of 0.9% in rent prices.The report notes that rent prices still remain highly inflated compared to prior to the pandemic. The report says prices have gone up 24.9% over the last four years. In May, we saw the first year-over-year decline
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stanley cup ed with in much of 2021 and 2022. This is yet another sign that rental-driven inflation is likely behind us, even though we may not see this trend in official measures until next year, said Realtor chief economist Danielle Hale. Although still modest, a decline in rents combined with cooling inflation and a still-strong job market is definitely welcome news for households. SEE MORE: Rising rents are a problem across the US, new data showsThe report looks at rent prices for studio, one-bedroom and two-bedroom units. Data from property analytics firmCoreLogichas shown similar trends. It appears that rent growth is bottoming out, meaning that increases in single-family rents over the past three years are more or less permanent, said Molly Boesel, principal economist Iuoz Ex-Minneapolis cop pleads guilty in George Floyd killing
MILWAUKEE 鈥?Former Milwaukee Bucks star Jon McGlocklin co-founded the MACC Fund with former Bucks announcer Eddie Doucette. That was December 10, 1976.Since its inception, the MACC Fund has contributed almost 70 million dollars to researching cures for childhood cancers and related blood disorders. That has translated into an 80 percent cure rate for childhood cancers. The goal is 100 percent.The 33rd An
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