Rents—-To The Moon!

After dipping last spring, rents around the U.S. have not only recovered but are now blasting past their pre-pandemic levels. In 44 of the nation’s 50 largest metro areas, rents have surpassed where they were before the health crisis, according to data from Realtor.com. Nationwide, the median rent reached a record high of $1,575 in June, an increase of 8% from a year ago, according to the website.

 

 

 

https://www.cbsnews.com/news/us-apartment-rent-hike-pre-pandemic-price-levels/?linkId=124420355