The dynamic between homeownership and renting continues to evolve as elevated interest rates and slowing single-family transaction activity have yet to negatively affect home prices in South Florida.
Elevated Mortgage Rates and Home Prices Keep Would-Be Home Buyers in the Rental Pool
Flat Apartment Rents Driving Improved Relative Affordability Against Homeownership in South Florida
By Juan Arias
CoStar Analytics
May 13, 2024 | 5:50 P.M.
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