Real estate firm reports rise in home prices and rent likely to continue into 2022

Source: WSET — 

A national real estate brokerage and research firm reports those looking to find a new place can expect to pay more in rent or for a home until next year.

Marcus & Millichap’s research brief on housing finds buyers across the nation are already facing limited options given a low supply of homes for sale which combined with lumber costs, has pushed prices higher.