May
20

Rents Are Soaring Faster Than Home Values for the First Time Since 2012

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Residential Real Estate As City Becomes The Least Affordable U.S. Housing Market

Downtown San Francisco is seen from Twin Peaks in San Francisco, California, U.S.

Photographer: David Paul Morris

Skyrocketing living costs make it harder for people to save enough for a down payment

Add one more marker in the timeline of soaring rental costs: They just increased faster than home values for the first time since 2012.

Rents grew 4 percent in the year ended in April, beating the 3 percent rise in home values over the same period, according to figures released Thursday by Seattle-based real-estate data provider Zillow Group Inc…

Rents Are Soaring Faster Than Home Values for the First Time Since 2012

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