The cost of goods and services for U.S. consumers cooled for the 10th consecutive month amid higher interest rates imposed by the Fed to curb inflation.
The Consumer Price Index (CPI) was up 5% on an annual basis in March 2023, marking the ninth consecutive month of cooling inflation.
Some of the nation's deepest rent cuts were seen in Colorado markets in the past year.
The typically stable Wichita apartment market saw rent growth climb ahead of the national average in March, though prices continue to remain on the affordable side.
As the national supply wave crests, Class A apartment units have reported recovery in both occupancy and rent change in recent readings.
U.S. inflation hit a two-year low in May, after easing for the 11th consecutive months.
Located about 200 miles east of Nashville along the Tennessee River, Knoxville is outperforming national trends. This small apartment market with roughly 52,600 existing units has...
More and more Texas submarkets are logging rent cuts in recent months.
Rents for professionally managed apartments ticked up a minor 0.2% in the year-ending February 2024, with change measured on a same-store basis.
The U.S. apartment market continues to weather historically high supply volumes, with occupancy and rents holding stable in May.