A new report from CoreLogic revealed annual single-family rent growth has returned to pre-pandemic rates, growing by just 3.3% year-over-year in June, representing the lowest gain since autumn 2020.
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Nationwide Rent Growth Returns to Pre-Pandemic Levels
While single-family rental cost gains rose 3.4% year-over-year in May, a new CoreLogic report finds the overall rate of increase has returned to pre-pandemic levels recorded between 2010 and 2019.
Read More »Price Growth Cools as Renters Seek More Affordable Areas
“Rental cost growth relaxed again in February but is still increasing nationwide year-over-year,” said Molly Boesel, Principal Economist at CoreLogic. “Less-expensive metros have emerged as those with the highest appreciating rental costs, as tenants contend with elevated rents and inflation."
Read More »Rising Rent Vs. The American Dream
Will the increase in rising rent prices in the SFR market compel more people to buy homes? A new report explores the possibilities.
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