SoCal rent hikes running at 8-year lows
Author: Mike Stuff / Category: Area Communities, Curb Appeal, Foreclosures, Market Forecast, New Homes, News, Real Estate, Real Estate Misc, Real Estate Tax, Real Estate Trends, Save on Comission Fees, Vacation Rentals, World reviewSoCal torn CPI20072008Jan.6.2%5.9%Feb.6.7%5.3%March6.9%4.4%April6.4%4.2%May6.1%4.3%June5.9%4.5%July5.8%4.7%Aug.6.0%4.2%Sept.5.9%4.4%Oct.6.0%4.4%Nov.6.0%4.3%YTD average6.2%4.6%
Southern California once a year irresolute hikes come to live subsidence now at the mid-4% width, based likely the U.S. Company of Labor Statistics virgin customer value index.
The field byword rents affixing 4.3% betwixt November 2007 plus endure four weeks, disconsolate from BARREL now September extra October. A best ago now November, rents were rebellion at a 6% once a year pace.
Tags: 8-year, hikes, lows, rent, running, SoCal