The property management software company RealPage Inc. has filed a lawsuit against the City of Berkeley, California, over an ordinance passed on March 25 that prohibits landlords from using pricing technology to determine rental billing. The ordinance was passed amid...
Median asking rents in the 50 largest metros dropped 0.7% year-over-year last month to $1,747, according to new data from Realtor.com. September marked the fifth consecutive month of rent price declines. The median rent on a studio unit was $1,447 in September, while...