Rents vs. Home Prices – Which is better Value?
Rents vs. Home Prices
The graph below is the national rent index (blue) and the national home price (red). Apartment rents have steadily risen and are likely to accelerate a bit this year. Home values, meanwhile, have undergone wild swings and now appear to be a better buy compared to renting.
March 8, 2011 by Lawrence Yun, Chief Economist & Senior Vice President, Research.
\nBy: on March 10th, 2011 Category: Uncategorized