CoreLogic says rent growth across all tiers remains at record highs, with high-end rentals leading the charge. In addition their latest Single-Family Rent Index (SFRI) also says strong demand & labor market are fueling single-family rent price increases. Their data shows data shows national rents increased 10.2% year over year. On year ago that number was 2.6%. CoreLogic predicts a continued increase in rents especially across high-end rentals as renters seek more space. Continue reading HERE...
- Metro East REIA
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