Single-family rentals see big price jumps

RealtorMag

Single-family rental prices are growing, with the biggest jumps in lower-end brackets. Low-end rental prices—properties with rent prices less than 75 percent of the regional median—were up 3.8 percent compared to high-end price gains of 2.4 percent, according to January year-over-year data released by CoreLogic on Tuesday.

Low-end rental home inventory is fueling the bulk of single-family rent price growth lately, according to the analysis. Year over year, rent prices are showing some signs of slowing after major climbs between 2010 and 2018.

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