Costs are catching up – and passing – rent growth when it comes to single-family home rentals, according to the April data report from CoreLogic.
Single-family rent growth continued to slow year over year in April to 3.7%, down from about 14% at the same time in 2022, according to the Single-Family Rent Index. All markets except Las Vegas, which was down less than 1%, rose by single digits.
Single-family rental costs are still up by more than 25% since the onset of the pandemic, CoreLogic said.
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