Queens registered the highest rent increase in the country and U.S. construction activity dropped 1.1 percent in July, according to this week’s market reports. Residential Rentals | RentCafe Queens posted the highest rent increase in the country. The average rent in the borough grew by 8.3 percent year over year to $2,342 in July. The borough outpaced contenders such as Phoenix (6.2 percent) and Las Vegas (6.4 percent). Manhattan, meanwhile, registered a 1.7 percent increase […]
source https://therealdeal.com/2018/08/02/queens-posts-highest-rent-increase-in-the-country/
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