CoreLogic Study Shows Increases In Home Prices And Rents In 2017

CoreLogic, a financial analytics company, says that its Home Price Index is expected to rise about 5 percent next year.

The study also indicates 2 percent growth in the economy and a 3 percent rise in rent prices.

Vacancy rates will likely remain relatively low in the rental market and decline in the homeowner market. The low level of single-family building means that for-sale inventories will remain lean in many markets.

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