Rental Market Still Tight Despite Small Dip | Amsterdam News

Rents are surging again—up 5% year-over-year—while landlords keep pulling out of the rental game, squeezing new tenants hardest. A tiny dip from Q1’s highs is the only reprieve in over two years, but don’t relax: the market’s still super tight. Over 12,000 rental units vanished last quarter, even as 11,000 hit the market—fewer homes means fiercer competition. Investors are selling off both mid-range and pricier rentals, partly due to new laws slashing rental profits. That’s pressuring homebuying prices, but overall demand keeps prices climbing. The housing puzzle? Still wildly complicated—and affordability remains a huge struggle for most. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e4bff076454ce294