Rental Property

May 5, 2022

Price-to-Rent Ratio: A Signal of Overvaluation

Price growth that outstrips rent gains over an extended period could be a sign that homes are overvalued if capitalization rate had remained unchanged.

April 4, 2022

Single-Family Investor Activity Stalls in the Fourth Quarter of 2021

Investors’ recent acquisition spree showed its first signs of slowing down in the fourth quarter of 2021. After hitting historical peaks in the second and third quarters of 2021, the share of homes purchased by investors reached its zenith last October at 26.9% of total home sales

October 7, 2021

Metro-Level Rent Inflation

Soaring Rents in the Southwest Go Underrepresented in Inflation Last month we showed that U.S. inflation may be underestimated due to the use of a measure called owners’ equivalent rent, which makes up 30% of the core consumer price index. When the CoreLogic single-family rent index is used as an...

September 21, 2021

Single-Family Rent Growth Hits 16.5-Year High

U.S. single-family rent growth increased 8.5% in July 2021, the fastest year-over-year increase in 16.5 years[1], according to the CoreLogic Single-Family Rent Index  (SFRI).

September 7, 2021

The Role of Rent in Inflation Measurement

In examining inflation, replacing Owners' Equivalent Rent with the CoreLogic Single-Family Rent Index reveals that core inflation may be much higher than reported.

September 3, 2021

The Impact of Wildfires on Rent & Home Prices

As the Dixie Fire continues to burn, we look to the past to understand its potential impact. Diving into the longitudinal effects of the Glass and North Complex Fires of 2020 reveals impact on rent and home prices in the surrounding counties.

August 17, 2021

Preference for Detached Properties Pushes Single-Family Rents Higher

U.S. single-family rent growth increased 7.5% in June 2021, the fastest year-over-year increase since at least January 2005, according to the CoreLogic Single-Family Rent Index.

July 20, 2021

Strong Economic Growth and Fierce Competition in For-Sale Housing P...

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).

April 20, 2021

Rent Growth Diverged Across Property Type During Pandemic

Detached Home Rent Growth Accelerated While Attached Home Rent Growth Slowed New research shows that rent growth differs greatly when accounting for property type. Detached property rent growth more than doubled in February 2021 compared with February 2020. Attached property rent growth slowed to...

March 16, 2021

Increase in Single-Family Rents Spurred by Undersupply of Housing

U.S. Single-Family Rents Up 3.8% Year Over Year in January High-priced rentals posted the highest rent growth in over seven years. Rent growth of lower-priced rentals lags behind pre-pandemic rates. Overall Single-Family Rent Growth U.S. single-family rent growth remained strong in January 2021, ...

February 16, 2021

Single-Family Rent Growth Accelerated at the End of 2020

U.S. Single-Family Rents Up 3.8% Year Over Year in December Rent growth in December pulled ahead of year-ago levels. Rent growth of lower-priced rentals lags behind pre-pandemic rates. Overall Single-Family Rent Growth U.S. single-family rent growth strengthened in December 2020, increasing 3.8% ...

January 19, 2021

Single-Family Rent Growth Exceeded Pre-Pandemic Rate in November

U.S. Single-Family Rents Up 3.7% Year Over Year in November Rent growth of lower-tier rentals still lags behind pre-pandemic rates. Boston saw the largest decrease in rent prices, falling 4.6% from a year earlier. U.S. single-family rent growth strengthened in November, increasing 3.7% year over ...