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2022.12.08 06:52 GMT+8

New York City rents rise as inflation surges

Updated 2022.12.08 06:52 GMT+8
Karina Mitchell

While the red-hot housing market across the country is showing signs of cooling, prices are still rising in most states.

According to Realtor.com median rents for apartments in the U.S. rose an average of nearly five percent  in October.

CGTN’s Karina Mitchell reports from New York City.

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