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US single-family rent prices in October up 10.9% year-over-year, up from 3.2% year-over-year in October 2020 as vacancy rates remain near 25-year lows; rent growth hits sixth consecutive record high, mirroring gains in for-sale housing market: CoreLogic

Average US monthly rents up 21% nationwide year-over-year, 7% month-over-month, marking the highest annual, monthly growth rates in at least two years; many are looking to rent after being priced out of the for-sale market, that demand is pushing up rents

California governor announced approval of California's plan to provide US$1B in mortgage relief grants to homeowners who have fallen behind on housing payments, reverse mortgage arrearages during the pandemic; program to help an estimated 20,000 to 40,000

Darrington Wood Innovation Center in Washington set to break ground in 2022, part of non-profit Forterra's Forest to Home initiative to create more affordable housing using local workers and local timber; center will make modular homes at scale using CLT

US housing market showing signs of moderation typically seen in the fall, as many families are busy with back-to-school activities, planning for the holidays; buyers can expect less competition, a decline in prices, more time to decide on a house: Zillow

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