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SFR Rent Increases To Continue As Demand Spikes

In the US there’s a shortage of approximately five million homes, and that trend isn’t changing any time soon.

By Melea VanOstrand | May 24, 2022 at 07:47 AM

The single-family rental market is still seeing strong demand despite economic challenges due to changing demographics and the effects of the COVID-19 pandemic.

That’s according to panelists at IMN’s Single Family Rent Forum (East) in Miami Beach on Monday, who said multiple conflicting dynamics in the market are beginning to put pressure on one another. Those dynamics include the undersupply of homes, rising interest rates, demographic shifts, and spiking home prices and rent.

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