PROVIDENCE – The median lease within the Windfall New Bedford Fall River metropolitan space was down barely by 0.7% in August from a 12 months in the past, based on information offered by an condo listing service known as Dwellsy.
The lower within the common lease in Windfall was opposite to the nationwide pattern. In response to the report, the median month-to-month lease for U.S. condos and single-family houses rose 27.9% year-on-year, with lease reaching $2,110 in August 2022, up from $1,650 in August 2021.
Nevertheless, from July to August 2022, the median lease rose by solely $10, or 0.5%, to $2,110 resulting from inflation.
The info confirmed that among the many largest US cities, New York was the most costly to lease in August 2022 with a mean lease of $3,021 per thirty days, up 19.7% from final 12 months. Boston and San Jose, California are tied for second with $3,000 per thirty days. San Jose posted a 15.5% year-on-year progress, whereas Boston jumped 9.7% year-on-year.
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