The year 2024 is expected to be a good year for renters. This is according to a report from Zumper, a privately owned rental platform in North America.
Rents have remained flat over the last month and there has been a jump in supply. As is often the case during the winter months, demand is currently lower in the rental market, too.
"Renters have more leverage right now than any time in recent memory; now is the time to renegotiate existing leases or score a deal on a new apartment," said Anthemos Georgiades, Zumper CEO.
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