‘Chronic lack of supply’ drives rents up 12% in a year
Zoopla expects rental price growth to calm down next year, despite continued low stock levels and high tenant demand.
London rents reach a record high as supply shrinks and demand climbs
Foxtons has listed 38% fewer rental properties so far this year compared to last, while tenant demand is running high.
Asking rents in London have jumped by 16% in the last year
'It’s a real challenge for renters at the moment,' says Rightmove, 'as there are simply not enough homes available to rent to meet the demand from people enquiring.'
Rental growth is peaking despite chronic supply shortage – Zoopla
"There is no real prospect of significantly improved rental supply in the near term," says the Zoopla team, "as private landlords continue to sell off homes due to tax and regulatory changes and renters…
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