CoreLogic’s SFRI Sees Lowest Annual Increase in Over 14 years

According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices continue to experience slower growth, registering a 1.5% increase in November, the lowest annual increase in 14 years.  In addition, CoreLogic says

“Single-family annual rent growth slowed in November to the lowest rate in about 14 years. Wage growth outpaced single-family rent growth for much of the past two years which kept rent growth in positive territory…Despite the recent slowdown in rent growth demand for rentals should remain strong as wage and job growth are anticipated to remain strong this year.”  Said CoreLogic senior principal economist Molly Boesel.

Click here to read the full report at CoreLogic.

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