U.S. rent inflation hits record 12.6% — Miami up 39%
U.S. rent inflation reached yet another record in January, fueled by red-hot markets such as Miami. Single-family rental prices jumped 12.6% from a year earlier, according to the latest CoreLogic Single-Family Rent Index. All major metropolitan areas saw increases, but the Sun Belt experienced by far the biggest gains, with Miami’s asking rents up almost…
Read more