A little good news for renters. We’re not talking to you LA and Manhattan

The housing market has been slowing across the nation, and now rent prices have finally begun to fall. Very very slightly. The average rent across major U.S. cities dipped for the first time on a monthly basis since February 2017. This was not the case in Manhattan or Los Angeles, however. From August to September, average monthly rent decreased $1, or 0.1 percent, according RentCafe. September’s average rent stood at $1,471. Still, the slowing appears

source https://therealdeal.com/national/2019/10/17/a-little-good-news-for-renters-were-not-talking-to-you-la-and-manhattan/

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