By Michael Gerrity

According to CoreLogic's new Single-Family Rent Index, which analyzes single-family rent price changes nationally and among 20 metropolitan areas, a national rent increase of 2.8 percent in January 2018, compared to 2.6 percent in January 2017.

Low rental home inventory, relative to demand, fuels the growth of single-family rent prices. The Rent Index shows that single-family rent prices have climbed between 2010 and 2018; however, year-over-year rent price increases have slowed since February 2016, when they peaked at 4.1 percent.

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