Real-time Rents are NOT falling, as White House Economists like Jared Bernstein and NY Fed President John Williams claim: Zillow Rent Index
by FarrisAT Sources: https://www.zillow.com/research/march-2023-rental-report-32399/ https://www.zumper.com/blog/rental-price-data/ https://www.apartmentlist.com/research/national-rent-data Asking rents climbed by $9, or 0.5%, from February to March, according to the latest reading of the Zillow Observed Rent Index (ZORI). That builds on February’s 0.3% increase, when monthly rent growth turned positive …
