By the Numbers: Market Report
Debbie Henry - Sunday, October 27, 2013
By the Numbers: Market Report
Henry Property Management attended a seminar given by Zelman and Associates, a US housing analyst firm. Here are some of the highlights:
- Demand for single family rentals increased an average of 4%.
- Average rent amount increased by 2.7%.
- Occupancy rate for single family home rentals is 94.5%.
- 12% of the US population lives in single family rentals.
- 56% of renters in the US move to another single family rental.
