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Effective URL: https://www.wsj.com/real-estate/apartment-rent-relief-is-expected-to-continue-in-2024-9acf43d1?mod=djemCapitalJourna...
Submission: On January 03 via manual from US — Scanned from DE
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Select * What to Read Next * Most Popular News * Sponsored Offers * Most Popular Opinion * Recommended Videos DJIA37486.27 points with a0.61%▼ S&P 5004711.11points with a0.67%▼ Nasdaq14631.43 points with a0.91%▼ U.S. 10 Yr-4/32with a3.988%▼ Crude Oil72.39points with a2.86%▲ Euro1.0913 points with a0.26%▼ Apartment Rent Relief Is Expected to Continue in 2024 Share Resize -------------------------------------------------------------------------------- Listen (2 min) SubscribeSign In SubscribeSign In SubscribeSign In New Year Sale The Wall Street Journal Just €2 per month Trusted Insights On Today's Top Stories Become a WSJ Subscriber Today Subscribe Now * English Edition EditionEnglish中文 (Chinese)日本語 (Japanese) * Print Edition * Video * Audio * Latest Headlines * More MoreOther Products from WSJBuy Side from WSJWSJ ShopWSJ Wine * Latest * World Topics Africa Americas Asia China Europe Middle East India Oceania Russia U.K. More Science Archaeology Biology Environment Physics Space & Astronomy World Video Obituaries * Business Topics Airlines Autos C-Suite Deals Earnings Energy & Oil Entrepreneurship Telecom Retail Hospitality Logistics Media C-Suite CFO Journal CIO Journal CMO Today Logistics Report Risk & Compliance WSJ Professional WSJ Pro Bankruptcy WSJ Pro Central Banking WSJ Pro Cybersecurity WSJ Pro Private Equity WSJ Pro Sustainable Business WSJ Pro Venture Capital More Heard on the Street Journal Reports Business Video Business Podcast * U.S. Topics Climate & Environment Education Law College Rankings 2024 More U.S. Video What's News Podcast * Politics Topics Elections National Security Policy More Politics Video * Economy Topics Central Banking Consumers Housing Jobs Trade Global WSJ Professional WSJ Pro Bankruptcy WSJ Pro Central Banking WSJ Pro Private Equity WSJ Pro Venture Capital More Capital Account Economic Forecasting Survey Economy Video * Tech Topics AI Biotech Cybersecurity Personal Technology More Keywords by Christopher Mims Personal Tech by Joanna Stern Family & Tech by Julie Jargon Personal Tech by Nicole Nguyen CIO Journal The Future of Everything Tech Video Tech Podcast * Finance Topics Banking Commodities & Futures Currencies Investing Regulation Stocks More Heard on the Street Capital Account by Greg Ip The Intelligent Investor by Jason Zweig Tax Report by Laura Saunders Streetwise by James Mackintosh CFO Journal Markets Video Your Money Briefing Podcast Market Data Market Data Home Companies U.S. Stocks Commodities Bonds & Rates Currencies Market Data Mutual Funds & ETFs * Opinion Columnists Gerard Baker Sadanand Dhume Allysia Finley James Freeman William A. 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Galston Daniel Henninger Holman W. Jenkins Andy Kessler William McGurn Walter Russell Mead Peggy Noonan Mary Anastasia O'Grady Jason Riley Joseph Sternberg Kimberley A. Strassel More Editorials Commentary Future View Houses of Worship Cross Country Letters to the Editor The Weekend Interview Potomac Watch Podcast Foreign Edition Podcast Free Expression Podcast Opinion Video Notable & Quotable * Arts & Culture Topics Books Film Fine Art Food & Cooking History Music Television Theater Reviews Architecture Review Art Reviews Film Reviews Television Reviews Theater Reviews Masterpiece Series Music Reviews Dance Reviews Opera Reviews Exhibition Reviews Cultural Commentary More WSJ Puzzles What To Watch Arts Calendar * Lifestyle Topics Careers Cars Fitness Relationships Travel Workplace More On Wine by Lettie Teague Work & Life by Rachel Feintzeig Carry On by Dawn Gilbertson On The Clock by Callum Borchers Elizabeth Bernstein Turning Points by Clare Ansberry WSJ Puzzles Recipes * Real Estate Topics Commercial Real Estate Luxury Homes * Personal Finance Topics Retirement Savings Credit Taxes Mortgages More The Intelligent Investor by Jason Zweig Tax Report by Laura Saunders Streetwise by James Mackintosh * Health Topics Healthcare Pharma Wellness More Your Health by Sumathi Reddy * Style Topics Beauty Design Fashion More Off Brand by Rory Satran On Trend by Jacob Gallagher My Monday Morning * Sports Topics Baseball Basketball Football Golf Hockey Olympics Soccer Tennis More Jason Gay Apartment Rent Relief Is Expected to Continue in 2024 Share Resize -------------------------------------------------------------------------------- Listen (2 min) This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/apartment-rent-relief-is-expected-to-continue-in-2024-9acf43d1 1. Real Estate APARTMENT RENT RELIEF IS EXPECTED TO CONTINUE IN 2024 A JUMP IN NEW SUPPLY HAS PUSHED UP VACANCY, MAKING IT HARDER FOR LANDLORDS TO RAISE PRICES By Will Parker Jan. 2, 2024 9:00 am ET Share Resize -------------------------------------------------------------------------------- Listen (2 min) Apartments under construction last year in Austin, Texas, one of the cities adding the most new units. Photo: Brandon Bell/Getty Images The apartment rental market finally stopped clobbering tenants with big price increases in 2023. That trend will likely continue in the new year, even as job growth and housing demand remain high in many parts of the country. Relief for tenants has come from a surge in new supply that has pushed vacancy higher, making it harder for landlords to raise prices. Many tenants have also simply reached the limits of what they are able to pay after years of big rent hikes, housing analysts say. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Continue reading your article with a WSJ subscription NEW YEAR SALE €2 PER MONTH Subscribe Now Already a subscriber? 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