Biggest Dip In Rent Costs Since ‘95

February’s SoCal Consumer Price Index tells us that renters’ expenses fell again — this time at an 0.8% annual rate. That ties January and is a touch higher than the 0.9% rate of decline for December — the steepest fall since 1995.

BING NEWS:
  • Mortgage Applications Dip As Rates Climb: 'It Is Still Cheaper To Rent Than Purchase For 82 Out Of 97 Major Cities'
    U.S. mortgage market hit speed bump as rates rise, breaking 5-week growth streak. Buyers remain active, but still face challenges.
    12/18/2024 - 3:00 am | View Link
  • REPORT: Austin tops list of largest rent dips year over year
    The Austin area saw the largest year-over-year decrease in rent prices compared to the country's largest metros, according to a Redfin analysis released Wednesday.
    12/12/2024 - 7:02 am | View Link
  • Rents increase in eight of California’s 11 largest cities
    Bakersfield, LA and San Jose lead increases, while Oakland, San Diego and Santa Ana show declines, according to Zumper.
    12/4/2024 - 3:30 am | View Link
  • California rent hikes: Where are the biggest increases in November?
    For November, the typical California landlord sought $2,365 a month, up 2.3% in a year. Rents rose in eight of 11 cities. Compare that with the rest of the nation, where landlords in 89 cities asked ...
    12/3/2024 - 2:42 pm | View Link
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