Honolulu lags in single-family rent growth

Honolulu experienced its first two months of single-family home rent increases in May and June after seven months of year-over-year declines, but an analysis by CoreLogic shows Hawaii’s largest rental market lags behind the national average.

Honolulu posted a 1.1 percent year-over-year decline in January but gained 1.4 percent as of June, compared to June 2017, CoreLogic (NYSE: CLGX) found in a six-month analysis of its single-family rent index for 20 metropolitan areas.

Nationally, the single-family…

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