Business

Single-family rent growth just hit the lowest level in 15 years, new report finds - CNBC

Rents for both single- and multifamily homes are coming down, as more supply hits the market and demand weakens.

Single-family rent growth just hit the lowest level in 15 years, new report finds - CNBC

Rents for single-family residential homes rose just 1.4% in August compared with the year before, according to analytics and data firm Cotality, down from a 2.3% annual gain in July. That's also much… [+2534 chars]

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