Concessions cool as spring rental season approaches [Yahoo! Finance]
Premier, Inc. - Class A (PINC)
Last premier, inc. - class a earnings: 2/4 07:00 am
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Source: Yahoo! Finance
SEATTLE March 20, 2024 /PRNewswire/ -- After a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow's latest data reveals the share of rentals offering perks may have hit its peak. The good news for renters is that the market is friendlier than it was a year ago, with the share of rentals offering a concession rising 5.6 percentage points. As spring approaches, February data show 32.2% of rental listings on Zillow offered a concession, down slightly from December and up 5.6 percentage points from a year earlier. That marks the slowest annual growth pace since last June. After seven months of consecutive monthly increases to end 2023, the share of rentals offering concessions fell to 31.9% in January before a slight uptick last month. If past seasonal trends continue to hold, renters looking to secure a new lease in the upcoming spring or summer may encounter fewer incentives and increased compe
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PINC
Earnings
- 2/5/24 - Beat
PINC
Analyst Actions
- 2/26/24 - Leerink Partners
PINC
Sec Filings
- 4/16/24 - Form 8-K
- 2/13/24 - Form SC
- 2/7/24 - Form 8-K
- PINC's page on the SEC website