Rent posts largest quarterly decline in 30 years as more renters become buyers

After hitting an all-time high in the third quarter of 2018 and topping $1,000 for the first time ever, nationwide rents fell precipitously in the fourth quarter as landlords perhaps saw the error in their ways. In fact, rent hasn’t fallen by this much in any quarter since at least 1988.
Source: HousingWire Magazine