Demand is surging for rental units and that is pushing up prices. The amount homeowners could receive from renting their home increased by 0.4%, which may seem small but is the largest one-month increase since 2006, according to the latest Consumer Price Index. Rents of primary residences jumped by 0.5%, the largest one-month increase since 2001. If you are getting tired of the never-ceasing rent increases contact me so I can show you how to buy your own place and fix your monthly mortgage payment.
Full Article here: Rents Post Biggest Increase Since 2006
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