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Roaring US Rental Market Shows Early Signs of Slowing Down

One-bedroom rents fell month-over-month in formerly hot cities like Miami, San Diego, Fort Lauderdale and Nashville.

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Housing Markets Are Bubbling All Over the World

Rental markets in some of the hottest US cities are showing early signs of cooling down.

After surging 11.4% over the past 12 months, the median national rent for a one-bedroom apartment rose just 0.5% in June compared to a month earlier, while the median two-bedroom rent fell 2.9%, according to data from rental marketplace Zumper