The price gap between renting and buying at widest point since 2000, data show

News Room
By News Room 1 Min Read

Renting is a far cheaper and smarter option for many Americans today in the face of high homeownership costs, according to a new analysis by the real-estate technology platform Cadre.

With mortgage rates over 7% and elevated home prices, as well as intense competition among buyers over a low number of home listings, many renters hoping to buy a house are finding it too expensive. 

The…

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