A 50-year high in multifamily building starts and completions has led to cooling rent growth and better leases for renters. In July, 33.2 percent of rentals on Zillow included concessions — a 23 percent increase from 2023.
Source: Inman News
Cooling rental market means more concessions for renters: Zillow
Published in California real estate, GoBankingRates, Markets & Economy, multifamily housing starts, rent growth, Rentals, renters, Select and Zillow
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