CoreLogic data showed that the median household spent a record share of their incomes on rent at the end of 2024.
PropTrack’s rental report also showed that the share of rental homes that were affordable to tenants hit a record low at the end of 2024.
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CoreLogic has launched its quarterly rental report, which famous that since March 2019, nationwide rents have surged by 38.4%—the equal of an additional $182 per week or $9,442 yearly.
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