Yet another report — this one by CoreLogic — shows that the rapid pace of rent increases is beginning to slow. Some of the increases occurred so quickly that they may have cooled growth. Continue reading
Despite recent slowdown in rent hikes, the price to rent a one-bedroom apartment set an all-time record of $1,450 per month in July, according to data from Zumper released Tuesday. Continue reading
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn’t accelerated over the month before. Continue reading
An ongoing inventory shortage is driving record increases of monthly rents for single-family homes, CoreLogic says. Continue reading