Perrella & Associates

Single-Family Homes Continue to Lead Rental Market

Low rental-home inventory is prompting single-family rental prices to rise, driven mostly by an upswing in demand from millennials. However, annual increases are slowing, according to a new report from CoreLogic, a real estate data firm.U.S. single-family rent prices rose 2.9% year over year in July, which is lower than the 3.1% gain in July […]

Rents Are Moving Higher, But at a Slower Pace

Increased demand and slow-moving construction are making national rents higher, according to new data from the RentCafe and Yardi Matrix. The national average rent in August rose 3.3% year over year to $1,472. However, rents are rising at a slower pace. The August data marks the slowest rise since February, the report notes. Ninety-seven percent […]

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