The real estate industry changes daily, but you don’t need hours of research to stay ahead of the curve. In just fifteen minutes every morning, BiggerPockets Daily gives you the key insights, news, and strategies you need to stay informed and invest smarter. From mortgage rate updates to breaking news stories, changing housing laws, and more, BiggerPockets Daily delivers what you need to know.
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The real estate industry changes daily, but you don’t need hours of research to stay ahead of the curve. In just fifteen minutes every morning, BiggerPockets Daily gives you the key insights, news, and strategies you need to stay informed and invest smarter. From mortgage rate updates to breaking news stories, changing housing laws, and more, BiggerPockets Daily delivers what you need to know.
Rent Growth Continues It's Decline as Sunbelt Markets Enter Correction Territory
BiggerPockets Daily
12 minutes
3 weeks ago
Rent Growth Continues It's Decline as Sunbelt Markets Enter Correction Territory
Rent growth cooled again in June, with U.S. asking rents rising just 2.9% year-over-year to $2,069—one of the softest showings for this time of year in recent memory. Zillow’s forecast now projects rent growth slowing even further in 2025: just 2.7% for single-family homes and a meager 1.3% for multifamily units. Meanwhile, a record 35% of rental listings are offering concessions like free rent or parking, a sign that market softness persists despite steep rent gains over the past five years. In this episode, we break down the numbers, regional differences, and what this means for landlords and renters alike
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BiggerPockets Daily
The real estate industry changes daily, but you don’t need hours of research to stay ahead of the curve. In just fifteen minutes every morning, BiggerPockets Daily gives you the key insights, news, and strategies you need to stay informed and invest smarter. From mortgage rate updates to breaking news stories, changing housing laws, and more, BiggerPockets Daily delivers what you need to know.