Rents for New Apartments Face Biggest Spike in 18 Months

By Naveen Athrappully Apartment rents turned pricier last quarter, with three out of four U.S. regions registering a gain, according to new data from real estate brokerage Redfin. The median asking rents for newly built apartments rose 1.5 percent year over year to $1,802 in the third quarter, said a Dec. 16 statement from the […]