Earlier today, Trulia released the latest data for its November 2012 Trulia Rent Monitor. Rents were up nationally 5.6 percent year-over-year in November, compared to asking prices on for-sale homes increasing 5.4 percent over the same period.
But out of the Top 25 metros included in Trulia data, only 11 saw rents increase at a higher rate than asking home prices. Does this mean a housing recovery is really beginning to pick up steam? Take a look at the list below to see how the top 25 cities fared in home price growth versus rent growth during the month of November.
Read more...Home Price Growth vs. Rent Growth in Top 25 Metros - Rents - Multifamily Executive Magazine
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