$2,000 per month may be new renters' normal
The nation's average for rent in December was roughly $1,980, up 20 percent from 2020.
FEATURES AND THOSE YOUR
BUSINESS HEADLINES BY MARIBEL
ABER AT THE NASDAQ MARKET SITE.
>> HOUSING MARKETS COULD BE
STARTING TO STABILIZE SALES OF
NEW HOMES, INCREASED BY 2% LAST
MONTH. SO THAT'S THE 3RD
STRAIGHT MONTH. NOW INCREASES
FEDERAL INTEREST RATES ARE
SOARING, HOWEVER, IN MORTGAGE
RATES FELL, SALES INCREASE IN
THE MIDWEST AND THE SOUTH.
THEY DECLINED IN THE MORE
EXPENSIVE NORTH EAST AND WEST.
>> HIGHER RENT PRICES ARE
BECOMING THE NEW NORMAL.
THE NATION'S AVERAGE FOR RENT
IN DECEMBER WAS ROUGHLY $1980.
THAT'S 20% HIGHER THAN 2 YEARS
PRIOR. IDAHO, NEVADA AND
ARIZONA SAW DECREASES IN RENT
LAST MONTH. BUT FLORIDA, NEW
YORK, SOUTH DAKOTA WHERE THE
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