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“Single-family rent prices continue to climb as national economic recovery, the overcrowded purchase market and deficient inventory puts pressure on the rental market. With eviction moratoriums coming to a close this fall, and single-family rental inflation showing no signs of slowing over the next several months, affordability challenges may begin over the next several months, affordability challenges may begin to pose a more urgent concern for renters.”

–Molly Boesel, Principal Economist with CoreLogic, Irvine, Calif.