Rent Growth Is Slowing, But Only For Higher-Priced Properties

Rent Growth Is Slowing, But Only For Higher-Priced Properties

Rent growth decelerated for the fifth straight month, but renters in lower-priced units are still feeling the squeeze as homeownership remains out of reach for most Americans. Single-family rents increased only 10.2% YOY in September, down from 13.9% in April 2022, according to recent data from CoreLogic. This is still double the pre-pandemic growth rate,…

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