May

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

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

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