US SINGLE-FAMILY RENTS UP 3.1 PERCENT YEAR OVER YEAR IN AUGUST
- High-end segment rent growth accelerated and low-end segment decelerated in August 2018 compared with August 2017.
- Orlando and Las Vegas had the fastest rent growth in August.
FRANK NOTHAFT SHARED HIS FORECAST AT EPIQ 2018
While the nation has enjoyed nine straight years of economic growth and is on track to experience the longest expansion in U.S. history, the specter of the housing bubble and recession still lingers. At the EPIQ 2018 session “Economic Outlook & State of the Housing Industry,” CoreLogic Chief Economist Dr. Frank Nothaft revealed his forecast on the possibility of another housing bubble coming in the next few years.