Rental Rates on Single Famly Homes Rising Across Georgia, US
Growth in rental rates on single family homes across the country rose over the summer after reaching a ten year low earlier in the year. Although unemployment rates remain high in many parts of the country, the demand for single family home rentals has continued to grow, unlike in previous periods of economic downturn. While rental rates for single family homes were up only 1.7% in July when compared to a year earlier, rates rose over 2.1% in August when compared to 2019.
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