Rental Values On The Up As Investment Properties Throughout The Previous Property Upswing Absorbed

A quarterly review of national rents by CoreLogic showed that rents surged 0.5% higher over the month to January 2020 to record a current median rental value of $440/week. According to Eliza Owen who heads up the company’s residential research division, this was the highest monthly growth rate in the national rental index since January 2018. 

Eliza Owen said, “It is clear that the rental market is starting to gain momentum again as the investment properties from the previous upswing are…