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Rents fall at their sharpest rate in years

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TKer Notes (Beta)

Rents fall at their sharpest rate in years

Two consecutive months of declines bode well for inflation

Sam Ro, CFA
Nov 1, 2022
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Rents fall at their sharpest rate in years

www.tker.co
(Source: @chris_salviati)

From Apartment List’s Chris Salviati:

October estimates are in the books, and our national index is down 0.7% MoM

This is the single largest MoM decline in the history of our index (starting in 2017)

Rents have now dipped for two straight months and are down 1.1% total since August

For more on rent inflation, read this.


🙋🏻‍♂️You’re looking at an entry for TKer Notes, a new offering I’m currently exploring for subscribers. TKer Notes would be a place where I’d compile all the eye-catching, thought-provoking stuff I come across. It wouldn’t necessarily come with the context you get with TKer’s main newsletter offerings. Writing a whole newsletter takes time!

If this were something I moved forward with, you’d be able to subscribe to it separately (because I know the last thing many of us need are more emails). As always, everything I do is informed by your feedback. If you have a second, check out TKer Notes. And share your thoughts with me at sam@tker.co.

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Rents fall at their sharpest rate in years

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