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Manhattan, New York, rent prices reached another record, but other regions in US are seeing relief

Por: Fox Business Business August 27, 2023

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Macro Trends Advisors founding partner Mitch Roschelle joined ‘Varney & Co.’ to discuss June’s new home sales data and its expected impact on the U.S. economy.  Rent prices in the Manhattan borough of New York City soared to another record high, reaching an average of nearly $6,000 per month. It's a stark contrast from other parts of the country, which are finally seeing some relief. In July, the average rent price rose 9.3% year... + full article



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