U.S. single-family rent growth increased 6.6% in May 2021, the fastest year-over-year increase since at least January 2005[1], according to the CoreLogic Single-Family Rent Index (SFRI).
As home prices soar in 2021, many comparisons are being made between the current housing environment and the one in 2006. However, despite recent double-digit home price appreciation, the mortgage payment to purchase a home is substantially more affordable than it was 15 years ago.
The nation’s overall delinquency rate was 4.7% in April. All but one state logged an annual decrease in the overall delinquency rate.
National home prices increased 15.4% year over year in May 2021, according to the latest CoreLogic Home Price Index Report. This was the highest year-over-year gain since November 2005.
U.S. Single-Family Rents Up 5.3% Year Over Year in April Single-family rents increased at the fastest rate in nearly 15 years in April. Rent growth
Borrower Equity Update: First Quarter 2021 Average equity gain of $33,400 per borrower in Q1 2021 was the highest in at least 10 years. National