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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Softening Rental Markets According to the report, apartment growth has stalled. The rental market rapidly increased during 2021 and 2022. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Moreover, there has been a dwindling supply of low-cost rental units.

Apartment 130
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Roommate Effect: Good News for Real Estate Investors

Real Property Management Choice

The good news for rental property owners is that vacancy rates are dropping as well, proving the demand for rental units is still there. You can see a lucrative market for rental property owners. Zillow also studied how the “roommate effect” will impact the rental market.

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The Top 13 Luxury Vacation Rental Websites to Drive Bookings in 2023

Rentals United

So, to maximise bookings and revenue, luxury property managers must list their properties on specialist sites. These channels cater to the unique needs of property managers and guests in the luxury segment and can become your trusted distribution partners, helping you get more valuable bookings. Speak to us today!