Nearly 40% of Las Vegas apartments offered concessions to renters in May. This marked the 14th consecutive month that more than 30% of apartments offered concessions. In that time, the vacancy rate has risen by 3.6 percentage points, forcing landlords to be more competitive with their leasing strategies.
Many Las Vegas Apartments Offer Renter Concessions Even as Conditions Improve
Green Shoots in Rent Growth Do Little To Change Landlord Strategy
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