All articles tagged with #rent growth
Originally Published 2 months ago — by CNBC
The industrial outdoor storage (IOS) sector is experiencing a significant boom due to demand from AI and quantum infrastructure projects, with rent growth doubling since 2020 and attracting major investments, despite challenges like zoning restrictions and land scarcity.
Originally Published 2 months ago — by CNBC
Rent growth for single-family homes has slowed to its lowest in 15 years, rising only 1.4% in August, with regional differences and a cooling in multifamily apartment rents due to increased supply. High-end properties are faring slightly better, but overall, the market shows signs of moderation after a period of rapid growth.
Originally Published 3 months ago — by CNBC
Single-family home rent growth has slowed in July 2025, with a 2.3% increase year-over-year, down from previous rates and below the 10-year average, signaling a potential cooling in the housing rental market amid broader economic struggles and shifting demand across major metropolitan areas.
Originally Published 2 years ago — by Seeking Alpha
W.P. Carey, a net lease REIT, reported better-than-expected Q2 earnings and revenue, driven by high rent growth and nearly $1 billion in investments completed year-to-date. The company narrowed its 2023 adjusted FFO guidance and expects full-year investment volume of $1.75 billion to $2.25 billion. Q2 adjusted FFO per share exceeded analyst estimates, while revenue climbed from the previous quarter and the same period last year. W.P. Carey's net lease portfolio showed consistent rent growth, and its portfolio occupancy remained high. The company also completed significant real estate portfolio investments during Q2.
Originally Published 2 years ago — by WHYY
Rent growth in Philadelphia is slowing to pre-pandemic levels, providing some relief for renters in the metropolitan area. While typical rent remains high, it only rose by 0.4% from May to June, translating to $1,864 per month, which is about $150 less than the national average. Year-over-year, rents in Philadelphia have increased by 3%, putting the metro in the middle of the pack compared to other big cities. However, housing affordability remains a significant issue, with many people doubling up with loved ones to afford a place to live. Despite the construction of thousands of new apartments each year, Philadelphia continues to face an affordable housing crisis.
Originally Published 2 years ago — by The Wall Street Journal
Sales of rental apartment buildings have dropped by 74% in the first quarter of 2023, the largest annual sales decline for any quarter since the subprime-mortgage crisis. This is due to higher interest rates, regional banking turmoil, and slowing rent growth, which are all affecting demand for these buildings. Investors purchased $14 billion of apartment buildings in the first quarter of 2023, according to a preliminary report by data firm CoStar Group.