NAA Industry Insider: Guess What Happens to Rents in High Job Growth Areas?

Trulia notes that employment growth is now playing an increasingly larger role in boosting rents in U.S. metro areas. Meanwhile, home prices are also on the rise in markets with above-average employment growth. The Trulia Price Monitor and the Trulia Rent Monitor show that home prices were 7.8 percent higher last month from July 2013, while rents climbed 6.1 percent on a year-over-year basis. The two monthly reports show how listed home prices and rents are trending nationally and locally in the 100 biggest U.S. metro markets.

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