Rent growth slumps to the lowest since 2010 as the coronavirus pandemic slams demand

Rent growth slumps to the lowest since 2010 as the coronavirus pandemic slams demand

Business Insider

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· *Single-family rents grew only 1.7% annually in May following a 2.4% increase in April, according to a Tuesday report from CoreLogic. *
· *The slump in May is the lowest growth rate for single-family rents since July 2010. *
· *High unemployment rates, income uncertainty, and shelter-in-place orders amid the...

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