Rent Prices Continue to Surge Nationwide

He added that there indeed is more rental housing coming to the market later this year, but “the nation’s chronic housing shortage that began after the 2008 financial crisis is not a problem that can be solved overnight.” “CPI growth was highest in the Atlanta (9.8 percent), Phoenix (9.7 percent), and Tampa (9.6 percent) metropolitan areas, although it should be noted the dataset does not include every metro area in the country … These three areas happen to be among those with the most rent growth in the country as well,” he said. “Monthly home value growth is also expected to continue accelerating in coming months, rising to 1.7 percent in February and growing to 1.9 percent in April before slowing somewhat.”

Which Homes Can You Afford?

Get a list

How Much Is Your Home Worth?

Calculate Now

Continue to full article