Story perspectives
Nationwide Rent Hike Amid Economic Uncertainty and Shutdown
10/20/2025
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Story summary
- In October 2025, multifamily rents rose 1.7% year over year nationwide.
- Several Sun Belt cities posted sizable declines in rents.
- The recession probability stands at 48% today.
- Tariff policy uncertainty and a decline in immigration complicate long-range economic assessments for policymakers.
- A partial government shutdown has delayed key economic data.
