Housing Costs Pushing Inflation Up In Sunbelt Migration Hotspots

Housing Costs Pushing Inflation Up In Sunbelt Migration Hotspots

ByTMN Editor Reading Time: 2 minutes

Inflation is soaring in America’s most popular migration locations, in part because of their boost of new residents and high home price appreciation, Redfin reported. Phoenix, Atlanta, Tampa, and Miami saw double-digit inflation in Q2 2022. They are also all high migration areas that are popular among Redfin’s users. Inflation in Phoenix was up 11.3%…

Single-family Rents Break Another Record
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Single-family Rents Break Another Record

ByTMN Editor Reading Time: 2 minutes

Single-family rents rose by 12.6% YOY in January to another record high, with Miami leading U.S. cities in rent growth. CoreLogic’s Single-Family Rent Index (SFRI) found that rent growth exploded in January. The increase is especially shocking compared to January 2021’s mere 3.9% annual increase. “Single-family rent growth extended its record-breaking price growth streak to…

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