Rents fell by a singular percentage point from September to October, but the latest price drop marks the first time that one-bedroom and two-bedroom units have declined in tandem since 2020
Rental demand typically peaks during the third quarter of every year, but an economy rattled by peak inflation is leading to a rise in apartment vacancies
Build-to-rent developments traditionally give entry level buyers an affordable stepping stone to homeownership, but as rental costs surge, experts say they may actually be doing more harm than good