A new report from Redfin Corp. (NASDAQ:RDFN) released Monday showed that rents remained relatively stable last month. However, economists warned that President Donald Trump‘s tariffs could put upward pressure on the rental market.
The Details: According to the Redfin report, the median U.S. asking rent declined 0.6% year over year to $1,610 in March while edging up 0.4% month over month.
This marks the thirteenth consecutive month of rent stability, with annual changes remaining below 1% since early 2024.
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