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Apartment rents rise as people head back to cities

Posted by John Bergin on April 28, 2021
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Apartment rents registered an increase last month, with the median asking rate rising 1.1% on an annual basis — the first month since last summer that the pace of rent growth has climbed, according to Realtor.com. Some experts think the rental market is due for another period of growth, which could be accelerated by rising home prices.

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