How Is the US Rental Market Going On?

Rent prices in the US ↑ 1.7% MoM in June and ↑ 3% since April.
The median rent is $2,029, ↓ 1.8% than the peak in August 2022 but ↑ 5% from February 2023.
The rental industry's slower pace of growth is attributed to new inventory.

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