Average rents set to climb another 5-6% next year, says Zoopla
'The rented sector is stuck in a seemingly endless cycle of low supply and strong demand,' says Zoopla, which 'has kept rental growth in double digits for 18 months in a row.'
Average rents have climbed 9.4% in the last year, and ‘pressures seem likely to continue in the medium term’
Rents are rising across all GB regions, says Hamptons, although the pace of growth has cooled in Greater London and Scotland.
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Rents climb further as supply/demand mismatch ‘set to continue for some time’
Rightmove listed 46% fewer rental properties in Q1 this year than in Q1 2019, while processing 48% more tenant enquiries.
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Average GB rent bill has risen 9.9% in the last year
Rental prices continue to climb at an eye-watering pace, reports Hamptons, as capital growth tails off.
By PrimeResi
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