Rent growth continued to decelerate in most places in September, according to Redfin, with more markets "coming back down to Earth" as high rents and economic uncertainty have put an end to the pandemic moving frenzy of 2020 and 2021, the real estate brokerage said in a report this week.
Redfin said it expects rent growth to continue to slow into 2023.
September was the fourth-consecutive month in which annual rent growth decelerated, with rents climbing at half the pace they were six months earlier, according to the report.
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