More rental listings are offering sweetened deals, as an influx in freshly constructed properties gives prospective tenants more options.
Zillow said 30% of rental listings now offer at least one concession, up from 24% a year ago. They include perks like free months of rent or parking.
While rent is still going up, the greater prevalence of concessions may be a signal that rent growth is about to level off, Zillow said...
Zillow said 30% of rental listings now offer at least one concession, up from 24% a year ago. They include perks like free months of rent or parking.
While rent is still going up, the greater prevalence of concessions may be a signal that rent growth is about to level off, Zillow said...
- Zillow said 30% of rental listings offer some sort of concession to prospective renters.
- That`s up from 24% a year ago as a construction boom is giving tenants more options.
- The greater prevalence of concessions may be a signal that rent growth is about to level off, Zillow said...
RSK: Concessions for buyers and renters are up but rental rates and asking prices remain steady. It is sort of a precursor to lower prices.
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- - Volume: 11 - WEEK: 48 Date: 11/29/2023 8:39:41 AM -