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Resilience, hope and a bright future in the Motor City: They were the focus during Detroit Industrial Summit – REJournals rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.
The metro Detroit rental market is just starting to soften, even as market rents remain close to all-time highs.Asking rents are $1,214 a month in the metro area, according to CoStar, a third-quarter figure that averages out the costs of rental units regardless of size. It's a slight dip from… ....
Apartment complex rents rose in metro Detroit at the end of 2021, as did rents as a whole, but CoStar data shows there's a wide discrepancy between rent increases in different submarkets in the region.The largest increase was in the Grosse Pointe submarket, where rents were up nearly 20 percent… ....