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Annual Rent Growth Slows For Second Straight Month In July

Annual Rent Growth Slows For Second Straight Month In July

Redfin said it expects rental growth to continue to slow, but markets with strong job growth and limited new housing construction will likely continue to experience large rent increases.

The rate of annual rent growth slowed for the second straight month this year during July, according to a report released Friday by the web-powered brokerage Redfin.

The report found that

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