Published 2 years ago

Low supply of Jersey Shore rentals pushes summer rates 'through the roof'

Summary by Ground News

Philadelphia-area residents looking for summer rentals at the Shore this year have found limited options and unprecedented rates. Real estate agent Mike Contino increased his weekly asking price this summer from $12,000 a week to $14,000. It was the first time in five years he upped his rates and not one person seeking to rent negotiated the price, he said.

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The Business Journals

Low supply of Jersey Shore rentals pushes summer rates 'through the roof'

Vacationers looking for summer rentals at the Jersey Shore this year have found limited options and unprecedented rates.

2 years ago·United States

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NBC Philadelphia

Low Supply of Jersey Shore Rentals Pushes Summer Rates ‘Through the Roof'

Philadelphia-area residents looking for summer rentals at the Shore this year have found limited options and unprecedented rates — sometimes upwards of $10,000 per week and often more than 10% higher than last summer’s average rental rates, the Philadelphia Business Journal reports.

2 years ago·Philadelphia, United States

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