【Zillow】Sigh of relief? What softening rent growth means for renters (February 2024 Rental Market Report)

Asking rents, measured by Zillow’s Observed Rent Index (ZORI), landed at  $1,959 in February, up 0.4% month-over-month, a bit softer than the pre-pandemic average month-over-month change for this time of year (0.5%). 

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