Trulia: Asking Prices Flat, But Rents Up, Up, Up
✉️ Want to forward this article? Click here.

Courtesy of Trulia Trends
Trulia Trends, the analytical wing of the real estate website that goes by the same name just released its latest Price and Rent Monitors, which reveals that asking prices nationally flattened out in May while rents rose notably.
(A full explanation of Trulia’s methodology can be found here, but in short, the Price and Rent Monitors compare current asking prices and asking rents year-over-year and quarter-over-quarter, adjusting for seasonal swings.)
The Trulia numbers reveal that asking prices on for-sale homes, nationally, were unchanged in May versus April, following three straight months of price increases. Despite the flattening out, prices rose 1.6 percent since last quarter.
“Asking prices and employment both stagnated in May, yet one more reminder that the housing recovery depends on job growth,” Jed Kolko, Trulia’s Chief Economist, told UrbanTurf. “The metros where prices rose the most have stronger demand from faster job growth and tighter supply from fewer foreclosed homes on the market.”.

In the DC area, seasonally-adjusted prices were up 3.2 percent quarter-over-quarter. Rents rose by 3.5 percent, a notable increase, but not quite meeting the national average of 6 percent. The national rent increase reveals accelerated growth; in April, rents rose by 5.4 percent, year-over-year, and in March by 4.8 percent, year-over-year.
San Francisco and Oakland rents top the charts for major U.S. cities, showing increases of 14.4 percent and 11.4 percent, year-over-year. Perhaps the Facebook Effect is for real?
For more stats and analysis, click here.
See other articles related to: asking prices, home prices, trulia, trulia trends
This article originally published at https://dc.urbanturf.com/articles/blog/trulia_asking_prices_flat_after_three_months_of_increases/5618.
Most Popular... This Week • Last 30 Days • Ever

The housing market is off to a slow start this year.... read »

In this article, UrbanTurf will explore some of the more common methods that parents ... read »

Canal House, a Tribute Portfolio hotel, will open near the C&O Canal later this month... read »

As we head into the weekend, UrbanTurf decided to take a closer look at how much home... read »

The new project will be located at a site that the developer purchased several years ... read »
- Slow Start: DC-Area Home Buyers, Sellers Cautious To Start 2025
- How Can Parents Transfer Real Estate to Their Children?
- Marriott Set To Open 105-Room Boutique Hotel in Georgetown This Month
- The 10-Year Trajectory Of DC-Area Home Prices In 4 Charts
- Jair Lynch Pitches 8-Story, 203-Unit Development For Arlington's Barcroft Neighborhood
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro