That’s good news if you’re looking to buy in Philadelphia, Detroit, Cleveland or Houston, but what about the rest of us?

Rising mortgage rates have kept would-be buyers renting — straining the supply of available apartments and pushing prices up.

Rents at the bottom of the market, where supply is tighter relative to demand, have risen faster than those of higher-priced properties.

The cost of shelter is driving more than 70% of inflation right now, according to the Bureau of Labor Statistics. So what gives?

Errica Jamil moved seven times in about as many years, earning her free or reduced rent. Now she owns a home of her own.

The national median rent has risen over 20% since 2020, according to Apartment List. And the use of pricing algorithms used by some of the nation’s biggest corporate landlords might be playing a role.

When people have to spend more and more on rent, there’s not much left over for other essentials.

A new report from ATTOM says it’s now cheaper to rent than own a place in most parts of the country.

There was a huge surge in demand early in the pandemic. That has cooled down dramatically, and in some areas, demand is starting to be met.

Migration shifts due to the pandemic are among the factors that have contributed to price fluctuations in the rental market.