In welcome news for American renter families struggling with high housing costs, the national median rent has fallen to its lowest level since 2022.
According to new data, rents posted their sixth straight monthly decline in January, with the largest annual drop in more than two years — down 6.2 percent from their Biden-era peak.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.