It turns out that the best time to rent apartments are situation in the format of «I really need somewhere to live» or «here’s the surprise, a good offer». Like everything else in our life, the world of real estate subject to its own laws, and if you look closely, even in the seeming chaos can be considered patterns that will definitely simplify our lives.
Statistics show that the month when you sign a lease, in fact, has a value According to a new study published this week by real estate website RentHop, in February falls not only temperature and self-esteem, but also rental prices in new York, because at this time of year they are at the lowest level. In addition, in the Big Apple observed the greatest seasonal fluctuation prices for apartments with one bedroom (the difference comes to 5.4%) among the largest cities of the country. For new York follow Los Angeleswith and Chicago where seasonal difference in rental prices is 4.1% and 3.2%, respectively.
New York is arguably the most large and varied rental market. The city is filled with a huge number of people, among them an impressive group is students and newly minted graduates. Every year tens of thousands of new residents flock to the city to start a new life and to realize themselves in a professional field. In this regard, rental prices start to rise in early may, reaching a peak in the summer months.
In all ten cities included in the study, the budget the fall months usually, between December and March that while a more expensive time for signing the lease have on the warm season, from may to October.
