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- A number of articles have recently extolled the financial advantages of renting vs. owning a home. Renters are, however, apparently finding that the cost of renting is increasing.
- Forty-six percent of respondents to the recent Realtors® Confidence Index reported rental rates for apartments and homes to be increasing compared to a year ago, while another 16 percent of respondents reported rental rates as constant.
- Declining rental rates were reported by 18 percent of respondents.
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