According to NAHB, Single family homes built-for-rent increased to approximately 8,000 starts for the second quarter of 2015, compared to about 6,000 for the same period of 2014. The share and count of built-for-rent starts are off post-recession highs and will likely approach historical norms as the housing market continues to expand. However, given the relatively small size of this market, care must be taken when tracing changes in the estimates.

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