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Austin single-family rent growth is still negative but improving, Rick Palacios Jr. notes

Austin single-family rent growth is still negative but improving, Rick Palacios Jr. notes
Austin single-family rent trend improving

Rick Palacios Jr. observes that single-family rent growth in Austin continues to be negative on a year-over-year basis, but the trend is steadily improving.

He notes that, although rents have not yet turned positive, the pace of decline is slowing.

Palacios has previously outlined the methodology behind the Burns Under/Overpriced Market Index, which examines spreads between current and intrinsic home values. Earlier, he remarked on Warsh taking the helm at the Federal Reserve as the U.S. economy reached a rare soft landing. These posts reflect his ongoing focus on quantitative signals in housing and macroeconomic conditions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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