General World News

Single-family rent growth tapers off: CoreLogic

U.S. single-family rental (SFR) homes posted rent price growth of 3% during the year ending in April 2024, according to CoreLogic data released Tuesday. That was down from an annualized gain of 3.4% in March.

The California-based real estate analytics company reported that the annualized gain was in line with the pricing growth recorded by the SFR segment during much of the past year. But these gains are also being driven entirely by detached properties. Attached properties, including condominiums, posted a yearly rent-price decrease for a second straight month, backtracking by 0.5% in April.

“Annual single-family rent growth details ⇒

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