Share of renters paying under $1,000 hits record low, Redfin says

Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading

4.3M apartments needed in US by 2035 to meet demand, study says

“Put simply, we do not have enough housing,” NAA President and CEO Bob Pinnegar says. He points to such factors as years of underbuilding and lack of affordability. Continue reading