rentprices
In Spanish cities suffering from overtourism, rules have slowly been introduced to help regulate numbers, including limits on the number of tourist rentals. Despite this, statistics from the Spanish government show that the number of tourist apartments has increased by nine per cent in the last year, with more than 340,000 now registered. This means in some cities there is one tourist rental for every 1.5 square kilometre and for every 139 locals. But tourist overcrowding is just part of the issue. The other side is Spain’s severe housing crisis, which means fewer and fewer people can afford i...
Euronews (English)
The housing crisis is an increasing concern across Europe, with shortages and escalating rents becoming more prevalent. Homelessness is also on the rise, posing a significant problem. According to the OECD, the UK has the highest rate of homelessness in Europe, having more than doubled over the past 13 years. Housing tenure has undergone significant changes in the UK in recent decades. In England, the proportion of private renters surpassed that of social renters in the early 2010s for the first time in more than four decades of available data. Similarly, the gap between private and social ren...
Euronews (English)
ValueWalk
Nationwide, rents remained fairly flat in July. But in some markets, prices soared several dozen percentage points higher than they were a year ago. Jonas Bordo of Dwellsy shares 20 cities across America where renters are experiencing more than a little sticker shock. But when it comes to markets with the fastest-rising rents, well, that’s a different story. This group changes rapidly and unpredictably, and often includes cities you’d never expect. “July’s hottest rental markets are spread all over the country—from the East Coast to the West…and lots are in the Midwest, too,” says Bordo, coaut...
ValueWalk
The U.S. rental market is experiencing a moderation trend, but prices vary dramatically by region. Jonas Bordo of Dwellsy breaks down which parts of the country are most and least expensive for renters, and which regions are seeing rising (or falling) asking rents. “When our team looked at the data, we found that some of our preconceived notions about regional rents turned out to be correct – but other assumptions were soundly overturned,” says Bordo, coauthor along with Hannah Hildebolt of Everything You Need to Know About Renting But Didn’t Know to Ask (Matt Holt, August 2023, ISBN: 978-1-63...
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Dwellsy’s May data report reveals that while apartment rent continues to creep upward, price increases are still in the “expected” realm—and overall, the market can look forward to a period of moderation. Los Altos, CA (June 2023) – Sorry, apartment-dwellers. Once again, you’re facing an increase in asking rent. From March to April, rent for one-bedroom apartments rose 1.1 percent, or $14. And between April and May, it edged up a further 0.5 percent, or $6. “Everything we’re seeing is in line with a normal seasonal rent cycle, in which prices edge upward between April and October,” says Bordo,...
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For both apartments and single-family homes, asking rent hasn’t changed much since last month. Jonas Bordo of Dwellsy explains why he’s forecasting a flat-rent summer. Rents Flattened Out In May“After seeing rent increases between March and April, May’s numbers have largely flattened out,” says Bordo, coauthor along with Hannah Hildebolt of Everything You Need to Know About Renting But Didn’t Know to Ask: All the Insider Dirt to Help You Get the Best Deal and Avoid Disaster (Matt Holt, August 2023, ISBN: 978-1-6377439-2-8, $21.95). “It’s possible that despite adhering to established seasonal t...
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According to Dwellsy’s March data report, apartment rent has slipped slightly downward. But in some expensive cities, renting even a one-bedroom place will cost you plenty. If you back up and look at the year-over-year change for one-bedroom apartments, you’ll see that median asking rent has decreased 0.1 percent—which is (wait for it!) $1.00—since March of 2022. From February to March it decreased by 0.5 percent, or $7.00. (Hey, he never said you were getting rich—but every little bit helps, right?) “The good news for cash-strapped renters is that these decreases are part of a longer-lived tr...
ValueWalk
Dwellsy’s latest data analysis reveals which twenty cities have the fastest-rising rent. With year-over-year price increases of at least 20 percent, they’ve all earned their places on this list. Los Altos, CA (March 2023) – As the Fed continues to combat inflation and (hopefully) stave off a recession, most of us have been dismayed to find that our dollars aren’t going as far as they used to. Q4 2022 hedge fund letters, conferences and more “While year-over-year rent for both single-family home rentals (SFRs) and apartments is up, in most markets price increases have stayed under +10 percent,”...
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Dwellsy’s February data drop reveals that there were no unexpected changes in rent prices last month—which comes as a relief after January’s single-family home price surge. (Apartment-dwellers, your rent hasn’t changed significantly in quite some time. Aren’t you lucky?) February Rent Prices Decrease 1.2 PercentQ4 2022 hedge fund letters, conferences and more “When you track rental data for a living, you quickly learn that ‘predictable’ is not a bad thing,” says Jonas Bordo, CEO and cofounder of Dwellsy. “Especially in the volatile rental market of the past few years, unexpected price jumps ha...
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