The Rental Housing Journal published their monthly update on national multi-family housing news, titled:
“Pandemic Pricing is Over, As Rents Rise Rapidly In Most Areas”
The subheadlines in the article say it all:
- Record month in rent increase wipes out pandemic pricing
- Rents in hard-hit markets continue their rebound
- Shortage of rental housing
- Multifamily Markets Continue To Show Rent Growth
In the Oregon market, I am starting to see rents increase on vacant units, but I have not seen many instances of management/landlords increasing rents on already occupied units. What are you experiencing?
Here is the full article from the Rental Housing Journal:
