Asking rents in the U.S. dipped 1.4% month-over-month, but rose 4.8% year-over-year.
That's the smallest increase in median asking rents since July of 2021, according to data issued Thursday by Redfin Corp (NASDAQ: RDFN).
Ahead of the release of U.S. inflation data on Thursday, which could drive the Federal Reserve's policy decisions, gold prices held steady after hitting an eight-month peak on Wednesday.