The National Industrial Conference Board has been conducting a nationwide study of rents, covering 179 localities in this country. According to the Board's statement, the peak for rents the country over was reached in July, 1924, when they averaged 86% higher than in 1914. Since that time a general decline has occurred, until in July, 1925, they stood at 79% higher than pre-War rates.
Among the leading 12 U. S. cities, Boston alone showed a slight increase. No change was apparent in Baltimore, Cleveland, Detroit, Philadelphia, Pittsburgh and St. Louis during the past year....
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