PCL rental values slide as stock floods the market

Prime central London is seeing an increase in open market stock and a noticeable rise in families wanting to secure rental properties prior to Olympics, according to WA Ellis's "prime central London…

On an annual basis, values in Q2 were down by 4.3%, and by 8-10% in the upper price ranges

New instructions down by 6% y-o-y; annual price movement now at -4.8%, compared to -5.2% in December 2016