Rents Rise 14% in December—Biggest Jump in Over Two Years???

Rents Rise 14% in December—Biggest Jump in Over Two Years⁣⁣⁣

⁣According to Redfin, “Average monthly listed rents in the U.S. increased 14.1% year over year to $1,877 in December, the largest annual jump since at least February 2019.”⁣⁣⁣

The biggest increase was in Austin, where rents surged 40% from a year earlier.
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Take a look at the list below to see what 10 metro areas have been rising the fastest Y-O-Y!
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    Austin, TX (40%)⁣⁣⁣
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   Nassau County, NY (35%)⁣⁣⁣
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   New York, NY (35%)⁣⁣⁣
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   Newark, NJ (35%)⁣⁣⁣
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   New Brunswick, NJ (35%)⁣⁣⁣
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   Miami, FL (34%)⁣⁣⁣
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   West Palm Beach, FL (34%)⁣⁣⁣
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  Fort Lauderdale, FL (34%)⁣⁣⁣
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  Jacksonville, FL (31%)⁣⁣⁣
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  Portland, OR (29%)⁣⁣⁣
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Who do you know that is renting? Please share this with them and keep them informed! 
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