Los Angeles, USA. 18th Jan, 2017. Rental signs are seen outside a property in Los Angeles. Rents hit a new multiyear high in December as limited supply and high demand pushed costs higher, the U.S. Department of Labor reported today. Rents rose 4 percent, the strongest yearly gain since December 2007, the month the Great Recession began, compared to December 2015, the department said. Rents are appreciating at a high pace, particularly on the West Coast. Credit: ZUMA Press, Inc./Alamy Live News

• Contributor: ZUMA Press, Inc. / Alamy Stock Photo
• Image ID: HHFMP6
• File size: 22.6 MB (752.8 KB Compressed download)
• Releases: Model - no | Property - no
• Dimensions: 3239 x 2440 px | 27.4 x 20.7 cm | 10.8 x 8.1 inches | 300dpi
• Date taken: 18 January 2017
• Photographer: ZUMA Press

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January 18, 2017 - Los Angeles, California, U.S - Rental signs are seen outside a property in Los Angeles Jan. 18, 2017. Rents hit a new multiyear high in December as limited supply and high demand pushed costs higher, the U.S. Department of Labor reported today. Rents rose 4 percent -- the strongest yearly gain since December 2007, the month the Great Recession began -- compared to December 2015, the department said. Rents are appreciating at a high pace, particularly on the West Coast. The largest increases included 9 percent in Long Beach and 7.9 percent in Riverside. (Credit Image: © Ringo Chiu via ZUMA Wire)