Single-family rents grew by double-digits in September

Rental prices are going through the roof. The median rent for a single-family home in the U.S. jumped 10.2% in September compared to one year ago, having previously risen by just 2.6% from 2019 to 2020. That’s according to a new report from the real estate industry analytics firm CoreLogic, which blames the rapid rent

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Zillow: Rent growth hits 10-month high

Rent prices grew at their fastest rate in 10 months in February, reaching 2.4 percent year-over-year appreciation, according to the February Zillow Real Estate Market Report. The U.S. median monthly rent was $1,472 in February, up from $1,438 a year earlier. This translates to more than $400 in additional yearly expenses for the typical renter.

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