Yet another report — this one by CoreLogic — shows that the rapid pace of rent increases is beginning to slow. Some of the increases occurred so quickly that they may have cooled growth
Despite recent slowdown in rent hikes, the price to rent a one-bedroom apartment set an all-time record of $1,450 per month in July, according to data from Zumper released Tuesday
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn't accelerated over the month before
Ongoing inventory shortage and high home sale prices drive record increases of monthly rents for single-family homes, with red-hot Miami leading the pack at 41% climb, CoreLogic says
Are you renting where you should be owning?
Per Zillow, homeowners are shelling out for a home in Los Angeles
Per Zillow, home values in the Chicago area are on the rise, as renters pay twice as much
Stats on median income and mortgage payments
Per Zillow, homeowners in South Florida pay less than half of what renters pay monthly