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0 0.00268423621278671 0.00250122010736943 0.00488042947779394 0.0062225475841873 0.0162274280136652 0.0148853099072718 0.00927281600780857
Stock impact report

Cooling Rents Offer Inflation Relief as Other Price Pressures Persist [Yahoo! Finance]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: Yahoo! Finance
Elevated vacancies in Sun Belt markets are driving rent declines, while rents are rising in areas with limited new construction. Softer rents are helping ease inflation, but rising oil prices may offset this impact. Rental prices are stagnating after their post-pandemic spike, helping renters' wallets and giving the Federal Reserve one bit of good news on inflation as the Iran-related energy shock persists. Softer rents aren't universal. Some markets where apartment construction was hot during the pandemic—Florida, Texas or North Carolina—are seeing rent prices fall since vacant apartments are putting pressure on rents. It's a different story in the Midwest and some coastal cities, where rents are rising since fewer apartments have been built. Analysts see indications that rental prices will remain sluggish, much as in 2025. That's partly because job growth has been muted, weighing on demand since renters may choose to live with roommates or their parents rather than strike o Show less Read more
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