Article by:
Katherine McLaughlin
If you’re a renter and had “save more money” on your 2024 New Year’s resolution list, there’s good news for you. According to many industry experts, less aggressive rent hikes—a trend that began in 2023—are expected to continue into 2024. “The rental market is stabilizing after the wild fluctuations we’ve seen in recent years,” Emily McDonald, Zillow’s rental trends expert, tells AD over email. “It seems both tenants and housing providers are adjusting to a more balanced market, where rent growth is consistent but not as aggressive as before.” Read the full article...
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