DOJ proposes RealPage settlement on rent algorithm

The U.S. Department of Justice proposed a settlement with RealPage, the rent‑pricing software firm at the center of an antitrust case, that would bar the company from using real‑time, nonpublic data, training models on leases less than 12 months old, or surveying landlords for private pricing information. RealPage would also cooperate in DOJ’s ongoing lawsuit against major landlords — including four that operate in the Twin Cities — accused of using the software and shared data to inflate rents; Minneapolis previously passed an ordinance banning algorithmic rent price‑fixing.