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Single-Family Rentals Continue to See Escalating Prices

Economic growth helped to accelerate single-family rental prices in 2019, and that momentum is expected to continue for the rental market well into 2020, according to CoreLogic’s Principal Economist Molly Boesel.
Demand remains strong as rental vacancies reached a record low in the fourth quarter of 2019, CoreLogic reports in its latest Single-Family Rent Index. U.S. single-family rent prices rose 2.9% year-over-year in December 2019.
Continue…https://magazine.realtor/daily-news/2020/02/18/single-family-rentals-continue-to-see-escalating-prices

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Perrella & Associates
1932 E 2nd Ave
Hibbing, MN 55746
Phone: 218-262-5582
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