#rental-prices

#rental-prices

NDP calls for Canadian investigation into potential AI-driven rental pricing exploitation by landlords, linked to U.S. antitrust lawsuit.

Rents in Canada are increasing at a slower pace, with some provinces experiencing unexpected declines while others see significant jumps, especially in secondary markets.

New York City's overall rents continue to rise post-pandemic, impacting living affordability across boroughs.

RealPage is being sued for antitrust violations by the Justice Department and multiple states for software that hinders rental market competition.

The Justice Department has filed an antitrust lawsuit against RealPage for allegedly facilitating illegal coordination among landlords to raise rent prices.

Rental prices are decreasing in the United States, leading to affordability in comparison to owning a home in California.

Rental prices decreased by 0.3% nationally, attributed to increased apartment construction.

Studios saw a 1% decrease in rents, while some Western markets showed rent rebounds.

Miami-Dade County typical rent is $2,902/month

Miami Beach is a popular destination for renters globally

Sunset Park is the highest-ranked Brooklyn neighborhood on StreetEasy's list of NYC neighborhoods to watch in 2024, with a 4.7% annual rise in searches.

Manhattan is predicted to regain popularity among renters this year as its rental prices begin to drop.

House prices in the UK increased by 2.7% over the past year, while private rents surged 8.6%, demonstrating ongoing pressures in the housing market.

UK house prices fell by 2.1% over the 12 months to November 2023, reaching an average of £285,000

Rental prices in the UK increased by 6.2% in the 12 months to December 2023

Rental prices in Los Angeles County decreased by 2.5% in February 2024 due to a possible softening of demand and population loss.

Despite the average drop in rent, finding affordable rental units in Los Angeles County remains challenging for tenants.

Barcelona city council plans to eliminate all 10,000+ tourist flats by 2028, converting them to residential properties to address the housing crisis.

New housing construction has fallen in the Boston region, leading to low apartment vacancy rates and higher rental prices.

Half of all renters in the US are cost-burdened, spending more than 30% of their income on rent and utilities.

The rental market is becoming slightly more affordable, but prices are still higher than before the pandemic.

Prices are still rising in some major cities, and while price declines are expected, high demand will prevent a big break for renters.

A man has found a way to avoid high rental prices in New York by opting for an $89/night hostel.

The man's living space in the hostel is a small pod-style room measuring 5 by 6 feet.

Living in the Tenderloin neighborhood of San Francisco in 2023 has its challenges

Rent prices for studio apartments in the Tenderloin are the lowest in San Francisco

South Korea's office real estate sector is the strongest in the world.

The high occupancy rate and rising rental prices in Seoul suggest a cultural preference for returning to the office.

Government restrictions and construction disruptions have also contributed to the shortage of office space in South Korea.

The average asking price for a rental unit in Canada reached $2,178 last month, a 9.9% year-over-year increase.

Vancouver remains the most expensive city for renters in Canada.

Rent inflation in Canada is being driven by price increases in Alberta, Quebec, and Nova Scotia.