Rent prices grew on an annual basis at their highest rate since April, after decreasing for the first time in six years last fall
- Rent prices grew 2.4 percent from a year ago. The median U.S. rent is now $1,472.
- The typical U.S. home is worth $226,300, a year-over-year increase of 7.2 percent. This is the smallest annual increase in home values since December 2017, down from 8 percent two months earlier.
- U.S. for-sale home inventory rose for the fifth time in the past six months.
- Expensive West Coast markets continued to cool, experiencing the most extreme slowdowns in home value appreciation and rises in inventory.
PR Newswire
SEATTLE, March 14, 2019