Asking prices on single-family homes rose in March, while high inventory flattened out rent prices, according to Trulia’s Price and Rent Monitors. With the spring house hunting season upon us, Trulia reported a 7.2 percent year-over-year increase in asking prices on the national level (8.0 percent excluding foreclosures). On the other hand, rent price growth–for single-family homes, at least–showed signs of stagnancy in March. Nationally, rent for single-family homes increased 0.1 percent year-over-year.
For the full report, please click on the link below.
http://www.themreport.com/articles/trulia-asking-prices-up-on-single-family-homes-rents-fall-flat-2013-04-05