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Single-Family Rent Growth Slows, But Still Positive
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:03:44
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Sinopsis
The latest report on single-family rents shows that rent growth is still positive, but declining in step with the Fed-induced economic slowdown. CoreLogic just released its Single-Family Rent Index for April which shows another monthly dip and rent growth levels for various metros. (1) Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Please remember to subscribe to this podcast and leave us a review. The CoreLogic report shows that single-family rents were up 3.7% in April for all the U.S. metros included in the index. That’s down from 4.3% in March, and 14% from April of last year. The report shows single-digit rent increases for the most part. Las Vegas was the only exception with a negative reading of .8%. Despite the huge year-over-year decline, single-family rents are still up almost 26% since the beginning of the pandemic, thanks to strong demand and low inventory. Gains Approaching Pre-Pandemic Levels CoreLogic principal Economist, Molly Boesel, said in a press release: “Singl