According to Realtor.com’s latest Rental Report, the deceleration from rising prices in September may relieve some renters of financial stress. However, rental affordability remains a significant challenge as inflation continues to outpace wage growth.
Read More »Economist: 2023 Will Bring a ‘Significant Shift in Power’
“Those still able to afford homeownership are quickly regaining lost leverage, but this shift to a more balanced market is still in its early stages," said Nicole Bachaud, Senior Economist at Zillow.
Read More »Median Rental Price Hits New High for 16th Consecutive Month
Despite the U.S. median rental price reaching a new high in June, climbing mortgage rates drove monthly starter homeownership costs up nearly 30%—an estimated $561 higher than rents.
Read More »Inflationary Pressures Spark April Jump in Nationwide Rent Price Growth
CoreLogic has released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. U.S. single-family rent growth continued its hot streak in April, with prices up by 14% year-over-year, the 13th consecutive month of ...
Read More »Rent Growth Hits 10-Month High
A report examined the factors that led to the acceleration of annual rent growth rates in housing markets across the U.S.
Read More »Rent Price Trends—Industry Implications
According to the June 2018 National Apartment List Rent Report, the national rent index increased 0.4 percent month-over-month (MOM), which makes four months of rent increases in a row. Apartment List notes that this upswing in rent growth is consistent ...
Read More »Millennials Spend Nearly $100,000 on Rent by Age 30
Forty-five percent. That’s the percentage of an average millennial’s income that they’ll spend on rent between the ages of 22 and 30, according to a new study by RENTCafé. That definitely sounds like a lot—as does the $92,600 total amount ...
Read More »Single-Family Rents Up Year-Over-Year
CoreLogic has released its latest Single-Family Rent Index (SFRI), with insights into the month of November 2017. As CoreLogic reports, national single-family rent prices were steadily on the upswing between 2010 and 2017, but with year-over-year rent price growth rate ...
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