According to this week’s market reports, Queens rents rose by 8.4 percent in August and the number of housing permits in the city rose by 35.6 percent last year. Residential Rentals | RentCafe Queens posted the highest rent hike in the country in August, registering an 8.4 percent year-over-year increase to settle at an average rate of $2,342. This was followed by Phoenix, Arizona, which had the second highest rent increase at 6.8 percent. Manhattan […]
source https://therealdeal.com/2018/08/31/queens-posted-the-highest-rent-hike-in-the-country/
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