America’s biggest home renter is among this year’s best performing US stocks

America’s biggest home renter is among this year’s best performing US stocks

Skyrocketing home rental prices are making America’s largest single-family landlord a top performing stock. Shares of Invitation Homes have soared more than 40% this year, which is double that of the S&P 500 Index of large US stocks. Rents across the country have jumped 11% in 2021 as of June, according to online marketplace Apartment List, pushing the cost of renting a house well ahead of pre-pandemic trends.