Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis.
Source: Inman News
Renter households surge as homeownership costs climb
Published in 2024 homebuyers, affordable housing market, asking rent, California home prices, california renters, Gen Z Homebuyers, gen z renters, increase in renters, Markets & Economy, median asking rents, median home price, New York renters, News Brief, Redfin, renters, Select and Sheharyar Bokhari
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