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Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications

Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications

by Phil Hall | Jun 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property managers should be wary of rental applicants with an unusually high number of recent credit inquiries, according to a new research report from TransUnion (NYSE: TRU). The report found applicants with 15 or more credit inquiries in the seven days prior to...
CoStar Group Adds AI Component to Apartments.com

CoStar Group Adds AI Component to Apartments.com

by Phil Hall | Jun 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

CoStar Group (NASDAQ: CSGP) has brought an artificial intelligence (AI) component to its Apartments.com platform. According to the company, the newly launched Apartments.com Ai replaces traditional filters and keyword searches with natural, real-time conversations....

National Median Asking Rent Down for 34th Straight Month

by Phil Hall | Jun 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median asking rent in May was $1,686, down 1.5% year-over-year for the 34th consecutive month of declines, according to data from Realtor.com. During the first quarter of the year, Realtor.com determined that Las Vegas led the nation as the metro with the...
Apartment Rents Record Slight Uptick in May

Apartment Rents Record Slight Uptick in May

by Phil Hall | May 28, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents recorded an extremely mild 0.2% uptick in May, with the national average rising to $1,737 from April’s upwardly revised level of $1,733. According to data from Apartments.com, a CoStar Group (NASDAQ: CSGP) marketplace, May marked the sixth consecutive...
Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction

Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction

by Phil Hall | May 13, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median asking monthly rent across the nation’s 50 largest metro areas in April was $1,673, down $29 or 1.7%, year-over-year. This marked the 33rd consecutive month of annual declines for 0-2 bedroom properties. According to data from Realtor.com, the...
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