Annual single-family rent growth eased for the 14th consecutive month in June, according to a new report from CoreLogic, remaining near the pre-pandemic growth rate, while growth for attached homes is projected to continue to exceed their detached counterparts.
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Home Prices Rise Nationally for Sixth Straight Month
“While the continued imbalance between buyers and sellers continues to pressure home prices, June’s annual bump in price growth echoes economic resiliency, a thriving U.S. job market, and strong consumer spending,” said Selma Hepp, CoeLogic Chief Economist.
Read More »Tight Inventory Spurs YoY Price Growth in September
The nation’s housing supply remains a concern for first-time buyers being shut out of a market by accelerating price hikes.
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