Relief from rising rents coming, slowly

relief 2By Diana Olick | CNBC

Residential rents are rising more than normal — but those gains are getting smaller. Rents in October were 4.5 percent higher nationally than they were a year ago, according to a new report from Zillow. Compare that with 5.3 percent annual gains in September and 6.6 percent gains in July, when rents hit their high.

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Related: Millennials Investing in Rental Properties/The New York Times

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