Three New England Markets Experience Sharp Increase in Rents

Three housing markets in the U.S. Northeast are dealing with rent spikes even as the nation’s rental crisis showed signs of moderation in January.   Renters in Springfield, Massachusetts paid an average of about $1,615, a year-over-year increase of 14.73 percent that led all 100 markets analyzed by the Waller, Weeks & Johnson Rental Index. […]

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