Rental inventory increases, lease prices remain stable in Greater Houston area in November

In the Greater Houston area, single-family rental leases increased 10.2% year over year in November, with lease prices rising slightly by 0.4% to $2,244. There were 3,459 leased homes compared to 3,139 the previous year, and active listings grew to 11,933. Renters benefit from more options and stable prices as interest rates ease, potentially encouraging transitions from renting to buying.