Asking rents for newly constructed apartments fell to $1,746 in the second quarter, according to new data from Redfin (NASDAQ: RDFN). This is a 6.2% decline from one year earlier – as well as the second consecutive quarter for declines, the second-steepest drop in...
The Federal Trade Commission (FTC) has announced Invitation Homes, the country’s largest landlord of single-family homes, has agreed to a settlement where the company will turn over $48 million to refund consumers harmed by its deceptive actions. The company was...
The property management software company RealPage Inc. has upgraded its product line to enable users to remove its nonpublic competitor data when calculating rent recommendations. The Richardson, Texas-based company said the upgrade comes in the wake of the Sept. 3...
The property management software company RealPage Inc. has pushed back at the antitrust lawsuit filed by the U.S. Department of Justice (DOJ) that claimed its products were used to coordinate rent hikes by landlords, claiming the lawsuit “cherry picks” aspects of its...
A Phil Hall Op-Ed: On Friday, the Biden-Harris Department of Justice (DOJ) announced a civil antitrust lawsuit today against RealPage Inc., the Richardson, Texas-based property management software company, which was accused of being at the center of a grand cabal of...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
