Manhattan Apartment Rents Gain Momentum, Signal Potential Record Highs This Summer
Zero Hedge -

Manhattan Apartment Rents Gain Momentum, Signal Potential Record Highs This Summer While the rent component of the consumer price index has shown a strong disinflationary trend since peaking in the summer of 2023, high-frequency data reveals rent prices in key metro areas are moving higher. Several high-frequency rental data points show that the cost of signing a new lease on a house or apartment is rising again despite decelerating rent component print in the March Consumer Price...

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