Demand for Residential Rental Properties Still Strong

With potential home owners finding it tough to buy their first home, there is still strong demand for rental units, judging by rental price trends. REALTORS® reported rents that are higher compared to a year ago.

Rising rents add an additional incentive for homeownership. Homeownership provides families with enhanced lifestyles—and a chance to cap major parts of their living costs.

 

 

From National Association of REALTORS®

 

By: Jed Smith
Published: November 12, 2013

 

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