Median rents
Commercial Real Estate

Median rents hit new record high of $1,827 in April

Realtor.com Chief Economist Danielle Hale said data from April illustrates a “perfect storm” of supply and demand dynamics that’s driving the ongoing surge in rental prices. These dynamics include the low number of rental units available, and […]

Gen Z
Commercial Real Estate

Gen Z Fuels Apartment Demand in 2022

This young generation of renters is spearheading the revival of America’s largest cities. Just like the Millennials who headed for the big cities in the wake of the Great Recession, Gen Z renters are moving […]

Lease Renewals
Commercial Real Estate

Lease Renewals Hit All-Time High

Despite increased rates, renters are not feeling the push to leave their current apartments for something less expensive, says columnist Lew Sichelman. Rents are increasing at record rates, but that has not pushed many residents […]