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U.S. Renters Benefit from Lower Rents Amid Housing Slowdown

1/12/2026

29 3 Full Breakdown

Summary

Story summary

U.S. renters saw lower rents in 2025 due to a surge in new apartment construction.
However, construction activity declined, with an 11% drop in starts and a 42% fall in completed builds versus 2024.
Construction permits have risen, but economic pressures, including high costs, are contributing to the slowdown.
Experts warn the slowdown could worsen the housing shortage as fewer homes become available for rent or sale.

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Story summary

U.S. renters saw lower rents in 2025 due to a surge in new apartment construction.
However, construction activity declined, with an 11% drop in starts and a 42% fall in completed builds versus 2024.
Construction permits have risen, but economic pressures, including high costs, are contributing to the slowdown.
Experts warn the slowdown could worsen the housing shortage as fewer homes become available for rent or sale.