Latest Report on National and Local Housing Markets Show Home Values and Rent Both Up

According to the latest report by Zillow, annual growth in national home values set another record high of 18.4% in September and rent growth remains very fast. Zillow, an American online real estate marketplace company, reported that in Nashville, the average home is around $365,573 – up 20.9% from last year and up 2.4% from August. Monthly rent prices are also skyrocketing this year. In Nashville, monthly rent prices are up 15.4% from last year at an average of $1,773.

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