Roughly 48% of property managers surveyed by TransUnion said rental prices increased over the last 12 months on the majority of their properties.
The credit firm surveyed more than 1,200 large and small managers. Last year, less than 40% of respondents said rents were rising.
Roughly 70% of large managers, those handling more than 200 properties, said rents increased from last year.
Read more...48% of property managers say rents rose over past 12 months: TransUnion | HousingWire