zori

Data Point: 2023-08, The ZORI & For-Sale

Time to check the data again.


Rents

ZORI (Observed Rents)

A 12 month increase (July 2022 - 2023), for Grand Rapids, of $91/mo (+6.24%). The observed rent for Grand Rapids in July 2023 was $1460/mo.

Data Point: 2023-01, The ZORI & For-Sale

Time to check the data again.


ZORI (Observed Rents)

A 12 month increase of $157/mo (+9.2%).

Data Point: 2022-12-19, The ZORI (Nov 2022)

Starting to see a few headlines like "Rents Slide by Largest Amount in at Least 7 Years"! So is it here? Despite all other indicators - low vacancy, high employment, etc... - is the zenith of rents behind us? Let's check the data.

Data Point: 2022-09-18, The ZORI 2015-2022

The ZORI

The ZORI is the Zillow Observed Rent Index. Zillow provides a variety of data at their Data page.

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