According to a report from Trulia, in major cities rent prices are increasing and asking prices are decreasing.
Houston leads with an increase of 16.5 yearly, then Miami and Oakland out of 25 rental markets in the United States.
However, in Las Vegas it was the other way around, asking prices moved down by 1.8 percent.
And as far as asking prices 69 out 100 of the largest metros increased in asking prices.
For more information check out this article.
http://www.dsnews.com/articles/rent-prices-continue-to-rise-faster-than-asking-2012-11-05
