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Here’s where rental demand is heading and what it means for future home sales

CNBC — Real Estate cnbc.com

Summary

As U.S. rent prices rise, more tenants are relocating to cheaper markets, according to a new report by Zillow.

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Homeowners are sitting on record equity – and not using it

U.S. homeowners have more housing wealth than ever before, thanks to fast-rising home prices over the last several years. But they aren't spending much of it.