Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Rents Hit Record Highs, Vacancies at 10-Year Lows

People avoiding buying keeps demand high for rental properties

By Mark Russell,  Newser Staff

Posted Jul 5, 2012 6:08 AM CDT

(Newser) – With would-be homebuyers continuing to sit on the sidelines, rental vacancies dropped to a 10-year low last quarter, driving up rental prices to record levels around the United States, reports the Wall Street Journal. Rental prices have reached record highs in 74 of 82 markets...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
5 comments
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne