'Peak inflation is not here yet': Rents continue to rise, putting pressure on would-be homebuyers. That's bad news for the Fed. - MarketWatch
7/6/2022 12:00:00 AM2 years 9 months ago
by Aarthi Swaminathan, , Emma Ockerman
by Aarthi Swaminathan, , Emma Ockerman
In the first half of 2022, rents increased by 5.4% nationwide, and by double-digit percentages in some major cities, Apartment List said
Rents will continue to rise, contributing to inflation, until the end of the year, economists say.With home prices and mortgage rates this high, many prospective homeowners are choosing to rent longe… [+2891 chars]
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