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Lettings supply improves, but not enough to quell rising rents
Estate agents have seen rental stock levels climb steadily since February - but "this barely scratches the surface on what is needed in order to limit the ever-widening gap between supply and demand," says Propertymark.
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Prime London Market Snapshot: Tight supply & returning demand push prices & rents up in PCL
"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
‘Spring is in the air’ as property supply turns up – RICS
"It is encouraging that a little more stock appears to be returning to the market," says the RICS' chief economist.
Prime London rents see first double-digit annual increase in over a decade
Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.
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