How to Track Rents in Your Market

We have slightly more vacancy in the city than we do in the suburbs. We would expect to see those rental listings start to pop up as people prepare to move out at the end of June. So I mean, it's kind of, and there's something I found pretty interesting is that we've seen a mass exodus from the city and they're renting right outside the city to get their kids enrolled. In Philadelphia, for a two bedroom rental rates are up 7% year over year in media,. The average two bedroom rental rate is up 20% year overyear. If you want to stay ahead of the curve, make sure that your business lasts throughout 2023.

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