Rental price growth for single-family apartments surged 3.4% in February, with Boston, Seattle and New York City rising fastest among US cities, according to CoreLogic data released Tuesday
A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19
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
The metro has the lowest homeownership rate of major markets nationally