Largest monthly rental decline ‘decisively closes the door’ on two years of pandemic-era rent increases – MarketWatch

The surge in rents during the coronavirus pandemic may be over.

Rents fell by 0.4% in November from the previous month, an incremental decline that still marked the largest one-month fall in the seven-year history of the Zillow Observed Rent Index, the company said Wednesday. November is typically the slowest month for rent increases. Rents fell by 0.1% in October. 


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