More single-family built-for-rent homes are under construction in the U.S.

PUBLISHED FRI, JUN 21 202412:01 PM EDT

By: Ana Teresa Solá

More built-for-rent single-family homes are being constructed in the U.S., according to the National Association of Home Builders, and experts say this is in part due to the housing affordability crisis.

“When mortgage rates move higher, and it’s harder to buy a home, renting becomes more of an option,” said Robert Dietz, chief economist at the NAHB. LEARN MORE…

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