Housing Market Pushes Buyers to Rentals, Intensifying Demand
Pro Builder
AUGUST 12, 2021
Meanwhile Boston saw only a 5% gain, while rent applications rose 8% in Charlotte, North Carolina, and 9% in Portland, Oregon. Strong job and income growth, as well as fierce competition for for-sale housing, is fueling demand for single-family rentals,” Molly Boesel, principal economist at CoreLogic, said in a release.
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