Metro rentals rebound sharply as workers return, pushing rents and yields to post pandemic highs

Rents surged and yields nearly doubled—will it stick

As work from home fades, employees are returning to their metro workplaces, reigniting demand for rented homes and offices. But supply hasn’t caught up, leaving rents to jump and rental yields to rise from about 2%–3% to 4%–5%. The key question now is whether this crunch is temporary or a durable post-pandemic shift.