How is today’s new construction boom affecting rent prices? It depends on the building. According to Zillow’s recent data, multifamily apartment rent is growing significantly slower than single-family unit rent.

To help you make sense of insights like this, Zillow Chief Economist Skylar Olsen answered questions from landlords and property managers during our latest quarterly rentals webinar. Olsen analyzed supply and demand trends, which metros saw the strongest rent growth in Q1, renter search data, and more. 

Watch now to stay ahead of the competition and see how the market is changing.  

Questions by timestamp:

1:50 With a 50-year high in multifamily new construction, it feels like we might have more rental supply than demand. What impact do you see this having on rent pricing?

16:35 What impact are we seeing on Class B and C properties from this boom in construction?

23:27 What trends are you seeing in renter concessions?

27:03 Does Zillow’s new Room for Rent listing type suggest there is a need for more of this type of inventory?