How is today’s rentals market affecting concessions? It depends on the area. In Miami, FL, over 57% of recent rental listings on Zillow offered a concession like waiving rent for a month or eliminating fees. According to Zillow’s recent data, about a third of listings across the U.S. offer at least one concession.

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 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 evolving.

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 prices?

16:35 What impact are you 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 inventory?