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Fed minutes released: Rate cuts likely, but path highly uncertain
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Median rent price falls to $1,967/month in November marking ...

Median rent price falls to $1,967/month in November marking its largest decline in 3 years, according to Redfin.
The median asking rent price fell 2.1% year-over-year just after breaking above $2,000/month.
Meanwhile, housing starts skyrocketed by 14.8% in November to their highest level since May 2022.
These numbers have yet to account for the 100+ basis point drop in interest rates from their peak.
The "Fed pivot" is spreading into housing.
Median rent price falls to $1,967/month in November marking its largest decline in 3 years, according to Redfin. The median asking rent price fell 2.1% year-ove...
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