Single-Family Rental Sector Gains Exceed Expectations
Pro Builder
SEPTEMBER 17, 2021
John Burns Real Estate Consulting’s Single-Family Rent Index tracks 63 markets and found lease effective rates up 6% year-over-year in July, with the historical average being 3%. The SFR REITs combined portfolio is concentrated in four markets (Atlanta, Phoenix, Tampa, and Las Vegas) where leasing demand has been very high.
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