Redfin Reports Newly Built Apartments Are Filling Up at the Slowest Pace Since 2020

There are more new apartments hitting the market than normal. As a result, building owners are competing with one another for tenants, which is limiting how much they can boost prices. SEATTLE--(NASDAQ: RDFN) — Less than half (47%) of newly constructed apartments that were completed in the fourth quarter were rented within three months, according […]