To probably no one’s surprise, affordable housing continues to worsen in buyer and rental markets. The average national rent increased 2.5% to reach $1,359 in 2017..
Trulia’s latest Rent vs. Buy Report, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro.
Trulia released their Rent vs. Buy Report last week. The report explained that homeownership remains cheaper than renting in all of the 100 largest metro areas by an average.