Rents for residential housing in the United States grew at their fastest pace in two years in April, surpassing home values, according to Zillow’s latest real estate market report.
Rents outpaced home values in 20 of the 35 largest U.S. housing markets.
Perhaps more telling, home value growth is expected to slow further in the second half of the year as the for-sale housing market stabilizes – meaning the gap could grow substantially.
Read more...Zillow: Rents gallop past home values in April | 2015-05-21 | HousingWire
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