Rising supply has led to rising vacancies, motivating landlords to lower asking rents, which fell 1% from a year earlier. Rents dropped in the South and the West, but continued climbing in the Midwest and Northeast. The median U.S. asking rent fell 0.8% year over year in December to $1,964. That’s the third consecutive decline, … Continue reading A Reprieve for Renters: Costs Drop for Third Straight Month in December