REALTORMag
High demand among young professionals has pushed rents in cities to new highs over the last five years. Rents have jumped about 20 percent nationwide in that time period. But some housing experts believe the rental market may be showing some signs of cooling.
Most of that cooling is due to a surge in new supply in key markets. For example, major markets like New York, San Francisco, Seattle, and Boston are starting to see slower increases in rents.