TOH edition: Monday, 21 September 2026 · Economy & Cost of Living
The Cost-of-Living Story Everyone Is Following Has a Line Nobody Reads Out: Rents Have Now Fallen for Thirty-Seven Months Straight.
Reported by Realtor.com Economic Research
Publisher date:
US median asking rent fell year over year for a 37th consecutive month in August, to $1,699 across the 50 largest metros — $65 below the summer 2022 peak — while the share of listings offering concessions reached a record 43.5 percent.
The dominant coverage is of a cost-of-living crisis with no relief in sight. The largest single household expense in America has now been falling year over year for more than three years.
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