Webzillow observed renter demand index (zordi): A measure of the typical observed rental market engagement across a region. Zordi tracks engagement on zillow’s rental listings to proxy changes in rental demand. Find out the best times to rent and tips to save. Webrents have outpaced wages in 44 of the 50 largest u. s. Wages caught up last year nationally and in about half of major metros. In new york city, rents grew more than seven times faster than wages last year — the largest gap in the country. Webleveraging data collected from about 5. 6 million homes listed for rent between june 2023 and may 2024, zg has come up with key insights for rental upgrades that are taken by millennials and. Web64% of recent renters considered buying when they were looking for a home to rent, especially gen z and millennial renters. If mortgage rates fall, nearly half of renters said they would be very or extremely likely to buy.
