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Single-family rents grew by double-digits in September

By Mike Wheatley | November 18, 2021
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 […]
US Real Estate, Zillow

Americans spent $4.5 trillion on rental costs this decade

By Mike Wheatley | December 16, 2019
Renters in the U.S. spent a cumulative $4.5 trillion on rent during the 2010s, according to a new Zillow analysis. That's more than the GDP of Germany or the combined market values of Apple, Microsoft, Amazon and Alphabet. In 2019 alone, renters spent more than $512 billion on housing – the most of any year […]
Residential, US Real Estate

Fears of oversupply in student housing sector

By Mike Wheatley | November 8, 2019
Student housing construction is booming with developers adding “tens of thousands” of new units each year, but experts say the market could be in trouble from oversupply as many beds remain vacant. A report in the National Real Estate Investors notes that student housing developers opened 47,000 new beds in or around college campuses in […]
Residential, US Real Estate

Relief for renters as market returns to more 'normal' conditions

By Mike Wheatley | April 3, 2018
Some renters may finally see some financial relief, as growth in rental costs showed signs of slowing down in the first quarter following a period of rapid growth.
Mortgage, US Real Estate

UK Rental Costs Outpace Gross Income

By Alina Popescu | January 30, 2013
The UK has seen quite a steep difference of pace between the rate of growth of rental costs for private property tenants , up 60% over the last 10 years, as compared to gross income which has only gone up by 31% over the same decade.
Residential, US Real Estate

Recent Report Finds Apartment Costs Rising Sky High

By Allison Halliday | July 10, 2012
According to a recent report by ListFinder, an online mailing list search tool, renting an apartment is at an all-time high, and vacancy rates are less than 5%. ListFinder has found its mailing list data for apartment renters is increasing as less people are buying condominiums and homes, even though the cost of renting is now at its highest rate in more than five years.
Real Estate, Residential, US Real Estate

London Rental Costs Continue To Rise

By Mike Wheatley | June 14, 2011
Central London rents look set to increase by as much as 8% to 10% by the end of this year, putting huge pressure on their tenant’s finances, says a new report by property consultants in the UK. The latest report from Cluttons’ Residential Property Forecasts says that the growing demand for rental properties in London […]
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