CoreLogic has released its latest Single-Family Rent Index (SFRI), with insights into the month of November 2017. As CoreLogic reports, national single-family rent prices were steadily on the upswing between 2010 and 2017, but with year-over-year rent price growth rate decelerating gradually since peaking at 4.3 percent in February 2016.

The SFRI “measures changes to the cost to rent single-family rental homes, including condominiums, using a repeat-rent analysis to measure the same rental properties over time.” CoreLogic’s analysis is done on both a national basis and spotlighting 75 specific Core Based Statistical Areas (CBSAs).

In November 2017, single-family rent prices increased 2.7 percent year-over-year, which marked a 1.6 percent decline in the growth rate below the February 2016 peak. Rent prices on high-end homes, defined as properties with rent prices 125 percent or more of a region’s median rent, were up 2.3 year-over-year in November, up from a gain of 1.7 percent in…